The three major U.S. stock indices closed higher collectively: Circle (CRCL) rose 9.50%, Coinbase (COIN) rose 6.62%.

PANews October 16 news, according to Binance market data, U.S. stocks closed with all three major indices rising collectively. The Dow Jones Industrial Average rose 1.18% during the day, the Nasdaq rose 0.01% during the day, and the S&P 500 rose 0.35% during the day. Among key tickers, Circle (CRCL) rose 9.50%, Coinbase (COIN) rose 6.62%, Strategy (MSTR) rose 5.23%, Block (XYZ) rose 5.21%, BitMine (BMNR) rose 5.03%, and Riot Platforms (RIOT) rose 3.75%.