NEW YORK -- U.S. stocks took a wild ride on Wednesday, setting up a potentially volatile day in Asian trading after China's regulatory crackdown on cryptocurrencies erased billions of dollars from the value of bitcoin and other digital money.
The Dow Jones Industrial Average fell by as much as 580 points, or 1.7%, in a broad sell-off in early trading, but narrowed its losses to close at a 0.48% decline. The S&P 500 dropped 0.29%, while the Nasdaq was little changed.
