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U.S. Stock Market: The three major indexes rose this morning, with Moderna soaring 177% and cryptocurrency-related stocks experiencing a sharp increase.
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BlockBeats News, August 20th, according to BIT (Bit.com) market data, the U.S. stock market closed on Wednesday, with the Dow Jones up 0.22%, the S&P 500 up 0.21%, and the Nasdaq up 0.16%.

Moderna (MRNA.O) surged 176.9% and Merck (MRK.N) rose 12.6%. Moderna and Merck announced that their jointly developed personalized mRNA cancer vaccine, intismeran autogene (formerly mRNA-4157/V940), in combination with Merck's immunotherapy drug Keytruda (pembrolizumab), achieved the primary endpoint and key secondary endpoints in a Phase III clinical trial (INTerpath-001) for high-risk melanoma (skin cancer) patients.

Marvell Technology (MRVL.O) jumped over 9.8%, SK Hynix (SKHY.O) rose 0.35%, Western Digital (SNDK.O) fell 3.5%, Micron Technology (MU.O) dropped 0.39%.

On the cryptocurrency stock front, Strategy surged 11.95% to $103.58, reaching a peak of over 13% intraday; Coinbase rose 9.05% to $159.47; stablecoin issuer Circle climbed 9.44% to $78.50; and Ethereum reserve company BitMine increased by 9.68% to $20.05.

Source: BlockBeats

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