U.S. stock markets opened higher on May 5, with the Dow Jones Industrial Average rising 0.45%, the S&P 500 gaining 0.57%, and the Nasdaq Composite climbing 0.76%. Memory stocks led the charge, as Micron Technology surged 6%, SanDisk increased by 3%, and Western Digital rose 3.5%. Intel saw a significant boost, rising 6% in early trading. In contrast, PayPal shares fell 10% following the release of its earnings report, marking a notable decline amid the broader market gains.