Schwab Market Update Audio

After a cautious response yesterday, stocks put on their rally hats and hit record highs on the Fed rate cut. Tech led, but the 10-year yield rose and FedEx results disappointed. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investmen...

A 50-basis-point rate cut reflected falling inflation and a cooling jobs market. Stocks initially hit record highs but fell by the close as yields climbed on inflation concerns. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investment...

The S&P 500 set a new all-time high but finished flat with investors bracing for tomorrow's Fed decision. The market signals a 50-basis-point cut, but economists aren't sure. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investment st...

Futures trading bakes in high odds of a 50-basis-point Fed cut, but 25 basis points remains possible. The SPX rose for the sixth straight session, but tech fell on iPhone worries. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investme...

Stocks rallied again and yields hit new 52-week lows on growing hopes for a 50-basis-point Fed rate cut. Info tech has led the rally, but a new S&P 500 all-time high seems elusive. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investm...

Wall Street rallied broadly even though August PPI was slightly higher than expected. Expectations of a rate cut next week remain strong. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investment strategies mentioned may not be suitabl...

Wall Street is three for three this week, gaining today despite a sharp early decline following a mixed August CPI report. Chip stocks led, helped by positive Nvidia comments. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investment s...

Two of three major U.S. indexes climbed in a hybrid rally of defensive and growth sectors. Tomorrow's CPI is the last major data before an expected Fed rate cut next week. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investment strat...

Optimism returned after the worst week of the year, with gains in sectors that tend to do best in a strong economy. Analysts expect a rate cut next week and benign inflation data. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investme...

Despite a mixed August jobs report, stocks fell sharply Friday with semiconductors again dragging tech. Jobs climbed less than expected but the report offered positives too. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investment str...

Wall Street fell for the third straight day ahead of Friday's payrolls report, but info tech inched up, lifting the Nasdaq. Treasury yields hit one-month lows on economic concerns. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investm...

Job openings hit three-year lows in July, reinforcing fears of an economic pullback and raising odds of a deeper rate cut. Investors brace for Friday's nonfarm payrolls data. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investment st...

A weak ISM Manufacturing report sent stocks reeling, with semiconductors plunging and volatility up more than 30%. Today underscores sensitivity to any signs of a softer economy. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investmen...

The month that began with a near correction for the S&P 500 ended with the index up from July. The DJIA posted its fourth record close of the week. Jobs data loom next Friday. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investment s...

Nvidia's 6% fall hurt other semiconductor stocks and crashed the market's early party. Rotation into sectors including industrials and financials sent the DJIA to a new record. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investment...

Though Nvidia's earnings after the close exceeded Wall Street's thinking, shares slipped, perhaps due to hopes for even better results. Major indexes lost ground before the report. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investm...

Major indexes revived a bit from Monday's light losses, led by info tech a day before Nvidia's earnings. Friday's PCE could help determine the depth of an anticipated Fed rate cut. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investm...

Semiconductor shares sold off in shakiness ahead of Wednesday's earnings from AI leader Nvidia despite a lack of news. Yields stayed sluggish and energy got a boost from crude. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investment...

Fed Chairman Powell's remarks fueled a broad rally and sent Treasury yields down. Rate-sensitive small caps, EVs, and homebuilders got the most traction. Nvidia reports next week. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investme...

Stocks fell as volatility, yields, and the dollar rose approaching Fed Chair Powell's Friday morning remarks. Powell is expected to discuss rate policy and the economic outlook. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investment...

Stocks bounced from Tuesday's loss after Fed minutes showed willingness to consider a rate cut next month. Target rallied on strong earnings, and the government sliced jobs growth. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investm...

The 8-day SPX and Nasdaq win streak stalled. Info tech, industrials, and small caps fell ahead of Fed minutes tomorrow and Powell on Friday. VIX rose 8% but stayed below 16. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investment str...

After the best week of 2024, major indexes rallied again in anticipation of dovish Fed views and hopes of Middle East progress. Lowe's is early Tuesday; Target reports Wednesday. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investmen...

Robust data and earnings gave major U.S. indexes their first winning week since mid-July, wrapping up with light gains Friday. The Fed's economic symposium dominates next week. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investment...

Major indexes set new highs for August even as yields rose thanks in part to solid July retail sales and healthy Walmart earnings. Consumer discretionary and info tech led rally. Important Disclosures Information on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investmen...