U.S. stock market opens: Nasdaq up 0.3%, semiconductor index up 1.2%, cryptocurrency concept stocks rise broadly, MSTR up 15%

Wallstreetcn
2025.03.03 14:36

The S&P 500 Index opened up 13.83 points, an increase of 0.23%, at 5968.33 points;

The Dow Jones Industrial Average opened up 59.58 points, an increase of 0.14%, at 43900.49 points;

The Nasdaq Composite Index opened up 76.08 points, an increase of 0.40%, at 18923.36 points.

Cryptocurrency concept stocks MSTU rose 26%, MSTX rose 25.6%, BTCT rose 23.2%, BITU rose 20.4%, and "Bitcoin holder" Strategy (formerly MicroStrategy, MSTR) rose 15%—the best intraday performance since November 20, Coinbase rose 7.6%, and MARA Holdings rose 10%.

Allegro MicroSystems rose 21%, marking the best intraday performance since October 2020; Intel rose 3.6%, Microchip Technology rose about 8%, Tesla rose over 2%, C3.ai rose over 2%, Apple fell 0.3%, and NVIDIA fell 0.8%.

Chinese concept stock Ebang International rose over 18%, The9 rose about 8%, Alibaba rose over 1%, Nio and XPeng fell over 7% at most, and the Chinese concept ETF YINN fell 0.2%

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