Crypto-linked stocks slide sharply into the U.S. close

BlockBeats reports that U.S. stocks finished the May 16 session lower, with the Dow Jones Industrial Average down 1.07%, the S&P 500 off 1.24% and the Nasdaq Composite falling 1.54%. Tech shares led declines: Micron Technology sank 6.62%, Intel slid 6.18%, NVIDIA dropped 4.42% and Tesla lost 4.75%. Crypto-related names also retreated, with MSTR down 5.11%, COIN off 7.82%, CRCL down 7.98% and BMNR falling 9.68%. SBET rose 9.19%.