US Stock Market Open: Crypto-Related Stocks Experience Broad Declines, HOOD Drops Over 1%, AMC's Gains Significantly Trimmed

BlockBeats News, September 4th. In the U.S., the August non-farm payroll data far exceeded expectations. The stock market opened mixed, with the Dow Jones down 0.38%, the S&P 500 down 0.13%, and the Nasdaq up 0.02%. Tech stocks showed divergent trends. According to BIT (bit.com) market data, Tesla opened down 3.5%, Oracle rose 3.7%, ASML rose nearly 2%, while NVIDIA and AMD rose over 1%.

Storage stocks rose across the board, with SNDK leading the gains, up 4.52%, and STX up over 3%.

Furthermore, cryptocurrency-related stocks experienced a general decline. MSTR dropped over 3%, COIN fell by 2.68%, and CRCL declined by 3.4%.

Of note, the cryptocurrency meme token MEME paired with the U.S. stock AMC opened up 3.54%.