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U.S. stocks open higher, cryptocurrency stocks generally rise

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2025-05-01 13:36:13
U.S. stocks opened up, with the Dow up 0.51 percent, the S & P 500 up 1.02 percent, and the Nasdaq up 2 percent, driven by cooling trade conditions and better-than-expected earnings from technology stocks. Microsoft (MSFT. O) rose 10 percent, Meta Platforms (META. O) rose 7.25 percent, and its Q1 results both exceeded expectations. In addition, cryptocurrency stocks generally rose, with:
MicroStrategy (MSTR) rose 2.96%
Coinbase (COIN) rose 2.41%
MARA Holdings (MARA) rose 4.34%
Riot Platforms (RIOT) up 5.09%
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