U.S. stocks closed with cryptocurrency concept stocks falling sharply, CRCL dropped nearly 8%, MSTR fell over 5%

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BlockBeats News. On May 16, U.S. stocks closed this morning: the Dow fell 1.07%, the S&P 500 fell 1.24%, and the Nasdaq fell 1.54%. Technology stocks fell across the board, with Micron Technology down 6.62%, Intel down 6.18%, Nvidia down 4.42%, and Tesla down 4.75%.

In cryptocurrency concept stocks, MSTR fell 5.11%; COIN fell 7.82%, CRCL fell 7.98%; SBET rose 9.19%; and BMNR fell 9.68%.

CRCL-7.49%
MSTR-5.23%
US500-1.4%
NAS100-1.75%
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