U.S. Stocks Open Higher, Crypto-Related Stocks See Broad Gains, HYPE Finance Company Surges Over 9%

BlockBeats News, August 21st, at the opening of the U.S. stock market, the Dow rose 0.5%, the S&P 500 rose 0.4%, and the Nasdaq rose 0.4%.

According to BIT (bit.com) market data, in the technology sector, Micron Technology rose 1%, and the company's CEO stated that current customer demand exceeds the company's supply by about 50%. Broadcom rose 1.6%, with the company seeking over $60 billion in debt financing to provide chip infrastructure for AI companies.

Cryptocurrency-related stocks rose across the board. Among them, HYPE Treasury's PURR led the gains, opening with a rise of over 9%. MSTR rose 4.08%, BMNR rose 2.13%. COIN rose 5.52%, and CRCL rose 6.35%.