US stocks dragged down by mega-cap tech giants while bitcoin jumps and gold hits record high

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 9, 2020. REUTERS/Bryan R Smith

Bryan R Smith/Reuters

• US stocks fell on Monday, with the major averages dragged down by a sell-off in mega-cap tech giants.
• Gold hit a new record before retreating, while bitcoin jumped to its highest level since April 2022.
• Investors are awaiting a slew of economic data this week, including the November jobs report.

US stocks edged lower on Monday...