Advertisement
Canada markets closed

  • S&P/TSX

    22,011.72
    +139.76 (+0.64%)
     

  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     

  • DOW

    38,503.69
    +263.71 (+0.69%)
     

  • CAD/USD

    0.7320
    +0.0019 (+0.26%)
     

  • CRUDE OIL

    83.34
    +1.44 (+1.76%)
     

  • Bitcoin CAD

    90,610.87
    -235.91 (-0.26%)
     

  • CMC Crypto 200

    1,426.91
    +12.15 (+0.86%)
     

  • GOLD FUTURES

    2,335.50
    -10.90 (-0.46%)
     

  • RUSSELL 2000

    2,002.64
    +35.17 (+1.79%)
     

  • 10-Yr Bond

    4.5980
    -0.0250 (-0.54%)
     

  • NASDAQ futures

    17,662.00
    +312.00 (+1.80%)
     

  • VOLATILITY

    15.69
    -1.25 (-7.38%)
     

  • FTSE

    8,044.81
    +20.94 (+0.26%)
     

  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     

  • CAD/EUR

    0.6835
    -0.0015 (-0.22%)
     
MARKETS LIVE BLOG:

S&P 500, NASDAQ NOTCH BIG WINS WITH TESLA EARNINGS ON DECK

Tech-focused investors prepare for fresh wave of earnings highlighted by struggling Tesla

Why Shares of Mastercard, Affirm, and SoFi Are Slumping Today

Bram Berkowitz, The Motley Fool
·3 min read
Why Shares of Mastercard, Affirm, and SoFi Are Slumping Today

Shares of several payments and fintech stocks struggled to shake off a hangover from the Federal Reserve's September meeting yesterday, in which the Fed delivered another big rate hike. Shares of the large payments rail Mastercard (NYSE: MA) traded nearly 1.5% lower in the final hour of trading today. Shares of the buy now, pay later (BNPL) company Affirm (NASDAQ: AFRM) traded more than 6% lower, and shares of digital bank SoFi (NASDAQ: SOFI) were down nearly 5%.

Continue reading