US stocks close: AI and crypto concept stocks rise across the board, MSTR and SPCX up over 7%.

BlockBeats news, October 22, according to BIT(bit.com) market data, US stocks closed higher, with the Dow up about 0.69%, the S&P 500 up about 0.58%, and the Nasdaq up about 1.05%. The fear index VIX closed down about 3.64% at 16.68.

Most optical communication concept stocks closed higher, with Credo (CRDO) up about 6.3%, Ciena (CIEN) up about 5.7%, Lumentum (LITE) up about 3.4%, Coherent (COHR) up about 2.5%, and Applied Optoelectronics (AAOI) up about 0.8%.

Semiconductor stocks closed higher, with AMD up about 3.4%, ASML up about 2.8%, Nvidia (NVDA) up about 2.5%, Arm up about 2.5%, Micron (MU) up about 2.0%, Marvell (MRVL) up about 1.8%, TSMC (TSM) up about 1.6%, Intel (INTC) up about 1.4%, and Broadcom (AVGO) up about 1.0%.

Storage stocks closed higher, with Western Digital (WDC) up about 3.9%, Seagate (STX) up about 3.2%, SK Hynix (SKHY) up about 2.5%, and SanDisk (SNDK) up about 0.9%.

Crypto concept stocks strengthened, with BNB Standard (BNC) up over 11%, Strategy (MSTR) up about 7.5%, Bitmine (BMNR) up about 5.0%, Circle (CRCL) up about 4.5%, MARA up about 4.1%, Robinhood (HOOD) up about 3.8%, and Coinbase (COIN) up about 3.6%.

Among large tech companies, Tesla (TSLA) rose about 3.4%, Apple (AAPL) rose about 1.3%; Google (GOOGL) fell about 1.6%, SpaceX (SPCX) rose 7.79%.