The stock market has seen a lot of declines in recent weeks, as major market benchmarks have hit levels not seen in more than a year. However, investors seem to have a bit more optimism coming into Friday's trading session. As of 7:30 a.m., futures on the Dow Jones Industrial Average (DJINDICES: ^DJI) were up 229 points to 31,881. S&P 500 (SNPINDEX: ^GSPC) futures had gained 42 points to 3,969, while Nasdaq Composite (NASDAQINDEX: ^IXIC) futures had picked up 196 points to 12,143.
Much of Wall Street's attention Friday morning went to Elon Musk, whose $44 billion bid for Twitter (NYSE: TWTR) appears to be in new jeopardy. However, in spending yet more time concentrating on the latest moves from the Tesla CEO, many investors are missing out on a big rebound in shares of one key fintech stock . Read on to learn more about both.
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Elon Musk's Latest Twitter Drama Is Distracting Investors From This Soaring Stock