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Benzinga
Benzinga
Business
Henry Khederian

DARK SECRETS: Why robinhood markets shares are rising 0faee5ca 4b77 4096 a780 7b7aeb26c1f6 | Rare Historical Photos

HOOD Robinhood Markets US Federal Reserve Nasdaq

Shares of several banking and financial services companies, including Robinhood Markets Inc (NASDAQ:HOOD), are trading higher as stocks gain ahead of today's Fed decision. The Fed is expected to hike interest rates.

Investors continue to weigh the economic impact of the Russia-Ukraine conflict, which has driven volatility in stocks in recent weeks. 

See Also: The Daily Biotech Pulse: Pfizer-BioNTech Apply For Authorization Of 3rd Booster Shot, Sanofi-Seagen Strike Cancer Therapy Pact, Iovance Gets Nod For Cancer Study

Robinhood Markets is trading higher by 14.7% at $12.66. Robinhood Markets has a 52-week high of $85.00 and a 52-week low of $9.93.

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