“Dow Jones Drops To Kick Off Busy Week; SoFi Stock Surges 22% On First-Ever Profit”
January 30, 2024
“…Meanwhile, Friday’s January employment report is expected to show that employers added 165,000 jobs. Shares of SoFi Technologies soared 22% in early action, set to retake their key 50-day moving average line. Early Monday, the company reported earnings of 2 cents per share on sales of $594.2 million, beating Wall Street’s estimates…
The S&P 500 slipped 0.1% but remains near all-time high, while the Dow Jones Industrial Average outperformed the other major indexes on the stock market as it inched up 0.2% to hit a new high…”