U.S. Stocks Close Slightly Up, S&P 500 Posts Ninth Straight Week of Gains, PURR Surges Nearly 17%

BlockBeats News, May 30th, according to Bitget market data, the U.S. stock market closed on Friday, with the Dow Jones up 0.72% preliminarily, the S&P 500 up 0.22%, and the Nasdaq up 0.2%. IBM (IBM.N) rose over 12%, Qualcomm (QCOM.O) rose over 3%, and Oracle (ORCL.N) rose over 10%.

The S&P 500 index rose 5.15% this month, the Nasdaq rose 8.36%, and the Dow rose 2.78%. The S&P 500 index rose for the ninth consecutive week, marking the longest weekly gains streak since December 2023.

As for crypto-related stocks, MSTR rose by 4.91%; COIN rose by 3.72%, CRCL rose by 4.40%; SBET rose by 0.49%; BMNR rose by 0.10%; HOOD rose by 11.15%, and HYPE treasury company PURR rose by 16.98%.