Huo Xing Finance reports that on May 30, according to market data, U.S. stocks closed higher on Friday: the Dow Jones Industrial Average rose 0.72%, the S&P 500 increased 0.22%, and the Nasdaq Composite gained 0.2%. IBM (IBM.N) surged over 12%, Qualcomm (QCOM.O) rose more than 3%, and Oracle (ORCL.N) climbed over 10%. For the month, the S&P 500 advanced 5.15%, the Nasdaq rose 8.36%, and the Dow gained 2.78%. The S&P 500 posted its ninth consecutive weekly gain, marking its longest winning streak since December 2023. Among cryptocurrency-related stocks, MSTR rose 4.91%; COIN increased 3.72%; CRCL climbed 4.40%; SBET gained 0.49%; BMNR rose 0.10%; HOOD surged 11.15%; and HYPE’s treasury company PURR jumped 16.98%.
U.S. stocks edged higher, with the S&P 500 recording its ninth consecutive weekly gain.
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Summary
The weekly market report shows U.S. stocks rose on May 30, with the Dow up 0.72%, the S&P 500 up 0.22%, and the Nasdaq up 0.2%. The S&P 500 gained 5.15% for the month, marking nine consecutive weeks of gains—the longest streak since late 2023. Among crypto-linked stocks, MSTR rose 4.91%, COIN increased 3.72%, and CRCL rose 4.40%. Hype Treasury’s PURR surged 16.98%. The Fear & Greed Index remains in neutral territory.
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