U.S. stock markets opened with declines on May 19, with the Dow Jones Industrial Average down 0.37%, the S&P 500 falling 0.43%, and the Nasdaq Composite dropping 0.65%. Technology stocks saw significant losses, with Micron Technology down 2.7%, Intel declining 1.7%, and Qualcomm dropping 2.3%. Bilibili and Li Auto also faced declines of 4.8% and 3.7%, respectively.
In the cryptocurrency sector, stocks also experienced downturns. Trump Media & Technology Group traded at $8.20, down 0.85%, while Robinhood Markets fell 1.81% to $75.75. Coinbase Global and Circle saw declines of 1.41% and 1.2%, respectively. Other notable decreases included Sharplink at 6.1%, MARA Holdings at 3.26%, and Hut 8 at 2.67%.
U.S. Markets Open Lower as Tech and Crypto Stocks Decline
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