US stock market closes: Coinbase falls over 7%

According to BlockBeats, on May 16th, the US stock market closed on Thursday, with the Dow Jones Industrial Average initially up 0.65%, the S&P 500 index up 0.4%, and the Nasdaq Composite Index down 0.18%. Apple (AAPL. O) and Nvidia (NVDA. O) both fell about 0.5%, while Coinbase (COIN. O) fell over 7%.