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.
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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.
