Financial stocks, including SoFi, rose sharply this week on tariff delay news

From Yahoo Finance: 2025-04-11 15:11:00

This week, the financial market quickly rebounded, with some of the more volatile names leading the way after news of a 90-day tariff delay outside of China. SoFi Technologies saw shares jump 11.3%, KKR rose 9.2%, and Capital One Financial increased by 7.4%. Despite the recent gains, stocks are still down from the beginning of April. Investors are hopeful that tariff delays and potential deals will reduce recession risks. However, rising interest rates and economic uncertainties pose challenges for the market and financial firms. Long-term investors should carefully monitor trends and potential risks in the market.



Read more at Yahoo Finance: SoFi Leads Soaring Financial Stocks This Week