US stocks opened higher, KDLY soared nearly 600%, and GRYP rose more than 300%.

PANews reported on May 12 that due to the ease of the trade war, the three major U.S. stock indexes rose sharply on the opening, with the Dow Jones Industrial Average rising 2.6%, the S&P 500 rising nearly 3%, and the Nasdaq rose 4%. Apple (AAPL.O) rose 5.8%, and it said it was considering increasing the pricing of new iPhones in the fall. Tesla (TSLA.O) rose 6.9%, while NVDA (NVDA.O) rose 5.1%. Blockchain concept stocks generally rose by about 4-6%.

Meanwhile, KDLY's stock price soared nearly 600%, from $3.90 to over $26 due to Nakamoto's announcement that it will merge with medical data company KindlyMD (NASDAQ: KDLY). Affected by the merger agreement signed by mining companies American Bitcoin and Gryphon , GRYP rose more than 300% at the opening, from $0.52 to about $2.2.