Stocks fell on the first trading day of December as the Dow Jones Industrial Average dropped 94.15 points, the S&P 500 fell 0.8%, and the Nasdaq Composite slid 1.3%. The decline was attributed to a drop in tech stocks and a fall in Bitcoin prices. Bitcoin fell by over 20% to below $50,000.

Read more at Yahoo Finance: Stock market today: Dow, S&P 500, Nasdaq slide as bitcoin tumbles to kick off December