FinTech IPO Index Gains 4.5% as Fed Cuts Cheer Investors
Stocks had a historic week, as the Dow hit new highs and the Fed made a bit of history of its own — and the FinTech IPO Index soared 4.5%, buoyed by the platforms. The conventional wisdom, in the wake of a 0.5% cut by the central bank to the Fed Funds rate …