U.S. Stocks Open Higher, Dow Rises 0.8%; NVIDIA Up 1.8% to Another Record High, U.S. Crypto Stocks Experience Broad Declines

BlockBeats News, May 14th, according to Bitget market data, the US stock market opened with the Dow rising by 0.8%, the S&P 500 rising by 0.21%, and the Nasdaq rising by 0.09%. Tech stocks showed mixed performance, with Cisco (CSCO.O) surging over 15% after reporting third-quarter revenue that exceeded expectations and announcing layoffs, while Nvidia (NVDA.O) rose by 1.8%, both hitting new all-time highs. US-listed crypto-related stocks saw a general decline, including:

MicroStrategy (MSTR) down 0.6%;

Coinbase (COIN) down 2.45%;

Circle (CRCL) down 2.62%;

BitMine Immersion (BMNR) down 0.25%;

SharpLink Gaming (SBET) down 0.43%.