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Dow Industrials Recede From 26,000 as Early Gains Fade

2018-01-17 0 Dailymotion

Dow Industrials Recede From 26,000 as Early Gains Fade<br />By The Associated Press<br />Losses by industrial and technology companies helped pull U. S. stocks lower Tuesday, pulling the market back from its latest record highs.<br />Energy stocks also fell as crude oil prices declined.<br />The price of bitcoin slumped, deepening its slide this year, after South Korea’s top financial policymaker said<br />that banning trading in digital currencies was an option.<br />The price of bitcoin soared last year after starting 2017 under $1,000,<br />but has been hurt this year amid signs of potentially increased scrutiny from governments.<br />Benchmark U. S. crude fell 57 cents to $63.73 per barrel.

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