The Three Major U.S. Stock Indexes Rise for Six Consecutive Months, Coinbase Up Over 4%

The three major U.S. stock indexes achieved six consecutive months of gains in October. The Nasdaq Index closed up 0.61%, with a weekly gain of 2.24% and a cumulative October increase of 4.7%. The S&P 500 Index rose 0.26%, with a weekly gain of 0.71% and a cumulative October increase of 2.27%. The Dow Jones Industrial Average edged up 0.09%, with a weekly gain of 0.75% and a cumulative October increase of 2.51%. Cryptocurrency-related stocks performed strongly, with Coinbase (COIN) rising 4.65%, Circle (CRCL) up 3.48%, and MicroStrategy (MSTR) gaining 5.87%.