December 4th, US stocks opened lower collectively

December 4th, US stocks opened lower collectively. The Dow Jones Industrial Average fell by 0.57%, the Nasdaq Composite Index fell by 0.95%, and the S&P 500 Index fell by 0.76%. Blockchain concept stocks performed strongly, with Marathon Digital rising over 12%, Canaan Inc., Riot Platforms rising over 10%, and MicroStrategy rising over 7%. Bitcoin broke through $42,000 in intraday trading today, reaching a new high since April 2022, with a total market value of $820 billion. Hawaiian Holdings surged by 180%, while Alaska Air Group plans to acquire the company at a premium of up to 270%. Meta dropped more than 2% as Mark Zuckerberg sold over 560,000 shares of Meta stock for nearly $200 million in cash. Uber rose nearly5% as the company was included in the S&P500 index.

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