U.S. stocks close higher as crypto-related names extend gains and Tesla rises 5.14%

U.S. stocks close higher as crypto-related names extend gains and Tesla rises 5.14%

N
News Editor
2026-08-22 01:36:42
U.S. stocks finished higher on Friday, Aug. 22, with all three major indexes ending in positive territory, according to BlockBeats. The Dow Jones Industrial Average was preliminarily up 0.98%, while both the S&P 500 and the Nasdaq gained 0.43%. Among major stocks, Tesla (TSLA.O) rose 5.14% and hit a one-month high. Oracle (ORCL.N) added 3.11%, and SpaceX (SPCX.O) climbed 2.22%. On the downside, Intel (INTC.O) fell 2.24% and Nvidia (NVDA.O) slipped 0.98%. Crypto-related stocks also stayed strong. MicroStrategy-related ticker MSTR gained 6.10%, while CRCL rose 5.16%. Coinbase (COIN) posted one of the largest advances in the group, up 8.20%. BMNR climbed 5.84%, SBET added 4.22%, and PURR rose 4.96%.

U.S. stocks closed higher on Friday, Aug. 22, according to BlockBeats. The Dow Jones Industrial Average was preliminarily up 0.98%, while the S&P 500 gained 0.43% and the Nasdaq also rose 0.43%.

Among individual names, Tesla (TSLA.O) climbed 5.14% and reached a one-month high. Oracle (ORCL.N) rose 3.11%, and SpaceX (SPCX.O) added 2.22%. Intel (INTC.O) fell 2.24%, while Nvidia (NVDA.O) slipped 0.98%.

Crypto-related stocks continue to advance

Crypto-related equities extended their gains. MSTR rose 6.10%, CRCL gained 5.16%, COIN jumped 8.20%, BMNR added 5.84%, SBET climbed 4.22%, and PURR rose 4.96%.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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