As of the opening of U.S. equities on May 19, the Dow Jones Industrial Average fell 0.37%, the S&P 500 declined 0.43%, and the Nasdaq Composite dropped 0.65%. Among technology stocks, Micron Technology fell 2.7%, Intel declined 1.7%, Qualcomm dropped 2.3%, Bilibili slid more than 4.8%, and Li Auto fell 3.7%. In the cryptocurrency sector, Trump Media & Technology Group traded at $8.20, down 0.85%; Robinhood Markets stood at $75.75, down 1.81%; Sharplink was at $6.31, down 6.1%; Coinbase Global traded at $186.77, down 1.41%; Circle was at $110.05, down 1.2%; Tron stood at $1.95, down 1.52%; MARA Holdings was at $11.78, down 3.26%; Riot Platforms traded at $23.18, down 1.32%; Hut 8 was at $93.63, down 2.67%; and Strategy stood at $163.62, down 1.8%.
U.S. market opens with broad declines in tech and crypto stocks on May 19
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The crypto market opened lower on May 19, with the Fear & Greed Index signaling caution. The Dow Jones fell 0.37%, the S&P 500 dropped 0.43%, and the Nasdaq declined 0.65%. Major tech stocks including Micron, Intel, and Qualcomm fell between 1.7% and 2.7%. Bilibili dropped over 4.8%, and Li Auto fell 3.7%. In the crypto space, Trump Media, Robinhood, and Coinbase declined between 0.85% and 1.81%.
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