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These 2 Fintech Disruptors Made Big Waves Wednesday

·4 min read
These 2 Fintech Disruptors Made Big Waves Wednesday
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Investors got just about exactly what they wanted to hear from the Federal Reserve's monetary policy committee, which left interest rates in a range between 0% and 0.25% and signaled a potential time frame for starting to pull back on its quantitative easing program. The Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) were all up around 1% on the day. Both Robinhood Markets (NASDAQ: HOOD) and SoFi Technologies (NASDAQ: SOFI) have made forays into the fintech arena, and both stocks made big jumps as investors hoped for positive results from their latest initiatives.