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Fintech stocks are hot again, as Coinbase and eToro whet investor appetite - MarketWatch

1. Fintech sector rebounds as S&P 500 enters positive territory for the year. 2. Coinbase's S&P 500 inclusion boosts fintech stocks like Robinhood and SoFi. 3. Successful IPOs from fintech firms signal renewed Wall Street confidence. 4. J.P. Morgan lowers recession risk estimates, enhancing fintech outlook. 5. Chime and Klarna plan IPOs, expected to increase market caps significantly.

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FAQ

Why Bullish?

The fintech sector's improvement and Coinbase's inclusion suggest increased investor confidence, echoing patterns from past recoveries like 2013 when tech stocks surged.

How important is it?

The renewed investor interest in the fintech sector could significantly influence the S&P 500 due to its composition, particularly with Coinbase's SE inclusion.

Why Short Term?

Immediate shifts in investor sentiment are likely to boost fintech stocks quickly, similar to past IPO surges that had rapid price movements.

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