U.S. markets open in 2 hours 57 minutes
  • S&P Futures

    4,476.50
    -5.25 (-0.12%)
     
  • Dow Futures

    34,791.00
    -28.00 (-0.08%)
     
  • Nasdaq Futures

    15,475.50
    -28.50 (-0.18%)
     
  • Russell 2000 Futures

    2,223.00
    -6.80 (-0.30%)
     
  • Crude Oil

    72.49
    -0.12 (-0.17%)
     
  • Gold

    1,779.80
    -15.00 (-0.84%)
     
  • Silver

    23.53
    -0.27 (-1.14%)
     
  • EUR/USD

    1.1769
    -0.0057 (-0.48%)
     
  • 10-Yr Bond

    1.3040
    0.0000 (0.00%)
     
  • Vix

    18.58
    -0.88 (-4.52%)
     
  • GBP/USD

    1.3818
    -0.0017 (-0.12%)
     
  • USD/JPY

    109.3980
    +0.0380 (+0.03%)
     
  • BTC-USD

    47,739.61
    +148.86 (+0.31%)
     
  • CMC Crypto 200

    1,227.03
    +29.81 (+2.49%)
     
  • FTSE 100

    7,049.98
    +33.49 (+0.48%)
     
  • Nikkei 225

    30,323.34
    -188.37 (-0.62%)
     

Why Square Stock Shot 5.5% Higher Today

·1 min read
Why Square Stock Shot 5.5% Higher Today
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Ever-ambitious financial services company Square (NYSE: SQ) was a stock market champ on Tuesday, with its shares closing almost 6% higher on the fulfillment of one of its big aims: The company now offers banking services. This pair joins an existing one, Square Loans; no prizes for guessing what this service features. "By offering essential banking tools that work seamlessly with Square's ecosystem of solutions like payments and Square Payroll, sellers now have a single home for their entire business, gaining a unified view of their payments, account balances, expenditures, and financing options," the company wrote in an email trumpeting its new role as a traditional bank.