Stocks closed broadly higher on Wall Street Wednesday and pushed major indexes into the green for the week, as investors welcomed a report showing consumer confidence is holding up better than expected. The S&P 500 and Nasdaq composite each rose 1.5 percent. The Dow Jones Industrial Average gained 1.6 percent with a lot of help…
Bitcoin Struggles to Regain Ground After Plunging on China Clampdown
LONDON/HONG KONG—Bitcoin strained on Tuesday to climb away from a two-week low touched a day earlier when China’s central bank reaffirmed a clampdown on cryptocurrencies and restricted trading channels for Chinese residents. The world’s largest cryptocurrency gave up most of its earlier gains and was last up 0.5 percent at $31,753. It tumbled over 10…
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