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US Stocks Open High, Cryptocurrency Stocks See General Gain

On May 1st, the opening of the U.S. stock market: The Dow increased by 0.51%, the S&P 500 Index rose by 1.02%, and the Nasdaq rose by 2%. This was driven by the easing of trade tensions and better-than-expected earnings of technology stocks. Microsoft (MSFT.O) rose by 10%, and Meta Platforms (META.O) rose by 7.25%, both exceeding the first-quarter earnings expectations. In addition, cryptocurrency stocks generally showed an increase, including: MicroStrategy (MSTR) rose by 2.96%. Coinbase (COIN) rose by 2.41%. MARA Holdings (MARA) rose by 4.34%. Riot Blockchain (RIOT) rose by 5.09%.