All Three Major Indices Open Higher; Crypto-Related Stocks Rally Across the Board

Tiger Newspress
08/21

Stocks rose on Friday as investors tried to find their footing following a steep sell-off driven by rising Treasury yields.

The Dow Jones Industrial Average was up 288 points, or 0.55%. The S&P 500 climbed 0.45%, as did the Nasdaq Composite.

Crypto-related stocks rise across the board, as Strategy (MSTR) and Coinbase (COIN) each gain over 5%; SK Hynix (SKHY) is up 2% and Tesla (TSLA) rises more than 1%.

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