Robinhood Markets (NASDAQ: HOOD) went public at $38 per share last July, and the online brokerage's stock closed at an all-time high of $70.39 less than a week later. According to several recent media reports, the SEC will stop short of banning all PFOF trades, but it could still take unspecified steps to limit their profitability. Does this positive development indicate it's finally safe to buy Robinhood's stock?
Crypto markets are down sharply after Fed Chair Jerome Powell and JPMorgan CEO Jamie Dimon both voiced regulatory concerns earlier this week.
What to watch in markets on Friday, September 23, 2022.