BlockBeats news, on May 16, U.S. stocks closed on Thursday with the Dow Jones initially rising by 0.65%, the S&P 500 index up by 0.4%, and the Nasdaq Composite index down by 0.18%.
Apple (AAPL.O) and NVIDIA (NVDA.O) both fell by about 0.5%, Coinbase (COIN.O) dropped over 7%, and Strategy fell over 4%.