U.S. stocks open higher, cryptocurrency stocks broadly rise
U.S. stocks opened higher, with the Dow Jones up 0.51%, the S&P 500 up 1.02%, and the Nasdaq up 2%, driven by easing trade tensions and better-than-expected tech earnings. Microsoft (MSFT.O) rose 10%, Meta Platforms (META.O) increased by 7.25%, both exceeding Q1 expectations. Additionally, cryptocurrency stocks generally rose, including: MicroStrategy (MSTR) up 2.96%, CEX (COIN) up 2.41%, MARA Holdings (MARA) up 4.34%, Riot Platforms (RIOT) up 5.09%
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