Advertisement
Canada markets close in 31 minutes
  • S&P/TSX

    21,977.36
    +91.98 (+0.42%)
     
  • S&P 500

    5,111.46
    +63.04 (+1.25%)
     
  • DOW

    38,298.40
    +212.60 (+0.56%)
     
  • CAD/USD

    0.7321
    -0.0002 (-0.03%)
     
  • CRUDE OIL

    83.75
    +0.18 (+0.22%)
     
  • Bitcoin CAD

    87,331.34
    -1,054.07 (-1.19%)
     
  • CMC Crypto 200

    1,332.95
    -63.59 (-4.55%)
     
  • GOLD FUTURES

    2,349.80
    +7.30 (+0.31%)
     
  • RUSSELL 2000

    2,003.45
    +22.33 (+1.13%)
     
  • 10-Yr Bond

    4.6690
    -0.0370 (-0.79%)
     
  • NASDAQ

    15,959.92
    +348.16 (+2.23%)
     
  • VOLATILITY

    14.98
    -0.39 (-2.54%)
     
  • FTSE

    8,139.83
    +60.97 (+0.75%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • CAD/EUR

    0.6837
    +0.0016 (+0.23%)
     

Here's Why SoFi Stock Is Spiking Higher Today

Here's Why SoFi Stock Is Spiking Higher Today

The stock market was having a generally strong morning on Tuesday on the news that a tentative agreement had been reached to lift the debt ceiling and avoid a catastrophic default. As of 9:50 a.m. ET today, SoFi was higher by 7%, making it one of the best-performing stocks in the financial sector. The debt ceiling bill itself is good news for bank stocks and the economy in general, but there is one provision that is particularly good for SoFi.