All three major U.S. stock indexes closed higher, with COIN rising over 7.87%.

CoinFeed reported on May 12th that, according to Bybit data, the three major US stock indexes all closed higher, with the Dow Jones Industrial Average up 0.14%, the Nasdaq Composite up 0.32%, and the S&P 500 up 0.27%. Cryptocurrency stocks generally rose, with COIN (Coinbase) up 7.87% and HOOD (Robinhood) up 4.90%.