Stocks Mixed as Bitcoin Soars to Record Highs
• Stocks ended Monday mixed, with the Dow advancing and tech stocks slipping while the price of Bitcoin soared to a fresh record.
• The Dow Jones Industrial Average advanced 0.1% Monday, while the S&P 500 slipped 0.1% and the Nasdaq Composite lost 0.4%.
• The U.K.’s Financial Conduct Authority said in a notice on Monday that it would not object to requests by registered exchanges to list crypto-backed exchange-traded notes (ETNs) for trading by professional investors.
• Oracle (ORCL) is set to report its quarterly earnings after the bell. Investors will be looking closely at growth in the software company's cloud business, which disappointed last quarter.
• Gold hovered near a record high following a massive run-up last week.