SPX500USD stock market influence

The stock market has an important influence on the cryptocurrency industry.

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Wall Street shares have ended higher, as upbeat earnings results and strong economic data put investors in a buying mood.

At the closing bell, the Dow Jones Industrial Average was at 25,862.81, a rise of 215 points or 0.84%.

The S&P 500 was at 2,874.00, that's 23 points or 0.81% higher.

And the Nasdaq Composite finished at 7,898.05, up 76 points or 0.97%.