All three major U.S. stock indexes closed higher, with COIN rising over 4.52%.

CoinFeed reported on May 1st that, according to Bybit data, the three major U.S. stock indexes all closed higher, with the Dow Jones Industrial Average up 2.15%, the Nasdaq Composite up 1.62%, and the S&P 500 up 1.41%. Cryptocurrency stocks generally rose, with COIN (Coinbase) up 4.52% and HOOD (Robinhood) up 2.79%.