Dow Jones Sells Off As Bitcoin Dives; Tesla Stock Skids
The Dow Jones Industrial Average tumbled 500 points Monday, as the price of Bitcoin dived over the weekend. Tesla stock skidded more than 4% in morning trade. And a busy week of earnings news gets underway, with IBM due to report after the close.
Among the Dow Jones leaders, Apple (AAPL) lost 1.5% Monday, while Microsoft (MSFT) was down 2% in today’s stock market. Also among the Dow 30, Cisco Systems (CSCO) is battling for support at the 50-day line.
Electric-vehicle leader Tesla…