Schwab Market Update Audio

Stocks Up for 5th Day on Jumbo Rate Cut Hopes

13 Sep 2024

Contributed by Lukas

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 50...

S&P Extends Winning Streak Despite Solid PPI

12 Sep 2024

Contributed by Lukas

Wall Street rallied broadly even though August PPI was slightly higher than expected. Expectations of a rate cut next week remain strong.Important Dis...

Chips Come to Rescue After Early CPI-Linked Losses

11 Sep 2024

Contributed by Lukas

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 ...

Stocks Make It Two in a Row, Bracing for CPI Data

10 Sep 2024

Contributed by Lukas

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 Fe...

Reversal of Fortune: Stocks Rebound to Start Week

09 Sep 2024

Contributed by Lukas

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 we...

Wall Street Posts Worst Week Since Early 2023

06 Sep 2024

Contributed by Lukas

Despite a mixed August jobs report, stocks fell sharply Friday with semiconductors again dragging tech. Jobs climbed less than expected but the report...

September Slide Persists Heading into Jobs Report

05 Sep 2024

Contributed by Lukas

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-mo...

Stocks Fall Again After Weak Job Openings Data

04 Sep 2024

Contributed by Lukas

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'...

Soft Manufacturing Sinks Stocks, Sparks Volatility

03 Sep 2024

Contributed by Lukas

A weak ISM Manufacturing report sent stocks reeling, with semiconductors plunging and volatility up more than 30%. Today underscores sensitivity to an...

Stormy August Ends Upbeat After Rough Start

30 Aug 2024

Contributed by Lukas

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. Jo...

Chips Spoil Rally, but DJIA Enjoys Rotation Boost

29 Aug 2024

Contributed by Lukas

Nvidia's 6% fall hurt other semiconductor stocks and crashed the market's early party. Rotation into sectors including industrials and financials sent...

Nvidia Beats Estimates After Rough Day for Chips

28 Aug 2024

Contributed by Lukas

Though Nvidia's earnings after the close exceeded Wall Street's thinking, shares slipped, perhaps due to hopes for even better results. Major indexes ...

Wall Street Treads Water Ahead of Nvidia, PCE Data

27 Aug 2024

Contributed by Lukas

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 o...

Tech Sags as Chips Crumble Ahead of Nvidia Results

26 Aug 2024

Contributed by Lukas

Semiconductor shares sold off in shakiness ahead of Wednesday's earnings from AI leader Nvidia despite a lack of news. Yields stayed sluggish and ener...

Powell Power: Stocks at 1-Month High on Rate Hopes

23 Aug 2024

Contributed by Lukas

Fed Chairman Powell's remarks fueled a broad rally and sent Treasury yields down. Rate-sensitive small caps, EVs, and homebuilders got the most tracti...

Powell Prep: Stocks Drop Ahead of Key Fed Speech

22 Aug 2024

Contributed by Lukas

Stocks fell as volatility, yields, and the dollar rose approaching Fed Chair Powell's Friday morning remarks. Powell is expected to discuss rate polic...

Fed Minutes Feed Rally, Fueling Rate Cut Hopes

21 Aug 2024

Contributed by Lukas

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 ...

Eight Is Enough: Win Streak Ends, Volatility Up

20 Aug 2024

Contributed by Lukas

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 ...

Stocks Post 1-Month High, Up Eight Straight Days

19 Aug 2024

Contributed by Lukas

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 Tuesda...

Soft Landing Enthusiasm Helps End Losing Streak

16 Aug 2024

Contributed by Lukas

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 symp...

Retail Therapy: Stocks Up Again on Economic Vigor

15 Aug 2024

Contributed by Lukas

Major indexes set new highs for August even as yields rose thanks in part to solid July retail sales and healthy Walmart earnings. Consumer discretion...

Stocks at 2-Week High with Inflation at 3-Year Low

14 Aug 2024

Contributed by Lukas

Today's July CPI came in below 3% year over year for the first time since early 2021, underscoring chances of possible rate cuts. Cisco and Asian econ...

Jubilant Mood Takes Over After Benign Price Data

13 Aug 2024

Contributed by Lukas

Tech stocks took the baton in a broad rally following less-than-expected PPI growth. Starbucks had its best day ever after changing CEOs. Volatility e...

Summer Daze: Stocks Flat Ahead of Key Price Data

12 Aug 2024

Contributed by Lukas

With PPI and CPI straight ahead the next two days, stocks had a lethargic session with major indexes finishing just above and below unchanged. Chip an...

Stocks Inch Higher After Wild Week

09 Aug 2024

Contributed by Lukas

Major indexes managed to recover most of their losses to close out a tumultuous week. Important DisclosuresInformation on this site is for general in...

Jobs Data Ignites Stocks but Weekly Pace Still Red

08 Aug 2024

Contributed by Lukas

Better-than-expected jobless claims data fired up Wall Street but indexes remain on pace for weekly losses. Caution is possible ahead of weekend amid ...

A Step Forward: Caution Seen Despite Solid Rebound

06 Aug 2024

Contributed by Lukas

Major indexes rallied from Monday's slide and Treasury yields rose, but late selling pressure and elevated volatility suggest investors remain nervous...

Stocks Plunge Again, Hurt by Tech, Economic Fears

05 Aug 2024

Contributed by Lukas

Major U.S. indexes fell for the third day with few signs of buying interest amid a host of worries. These include slowing U.S. jobs, a rising yen, and...

Sell-off Worsens on Jobs Data, Rate Cut Odds Spike

02 Aug 2024

Contributed by Lukas

A lackluster U.S. July jobs report triggered heavy selling to end the worst week in months amid fears of economic slowing. Rate cut odds leaped and yi...

Data Steepens Losses, and Amazon, Intel Disappoint

01 Aug 2024

Contributed by Lukas

Selling resumed Thursday across much of the market and the 10-year Treasury yield hit six-month lows on weak data. Amazon and Intel sold off after the...

Chips, Rate Cut Hopes Send Stocks to Sharp Gains

31 Jul 2024

Contributed by Lukas

Enthusiasm over chip demand and growing hopes for a rate trim gave stocks a big lift Wednesday after Tuesday's drop. Meta impressed after the close, w...

Tech Wreck Resumes Ahead of Microsoft, Fed Meeting

30 Jul 2024

Contributed by Lukas

The rotation out of tech, especially chips, continued ahead of earnings from Microsoft and Advanced Micro Devices. The BoJ and Fed meetings loom, also...

Market Flat Ahead of Data, Earnings, Fed Meeting

29 Jul 2024

Contributed by Lukas

Wall Street spent most of the day near unchanged, with investors preparing for a blast of mega-cap earnings, central bank meetings, and jobs data. Mic...

Stocks End Week With Broad Gains

26 Jul 2024

Contributed by Lukas

Strong earnings numbers and a favorable inflation report energized stocks after a volatile week. Important DisclosuresInformation on this site is for...

Stocks Mixed Ahead of Inflation Report

25 Jul 2024

Contributed by Lukas

Major indexes initially looked set to bounce back from Wednesday's drop only to falter later in the session.Important DisclosuresInformation on this s...

Stocks Fall on Google, Tesla Results

24 Jul 2024

Contributed by Lukas

Disappointing numbers from Google and Tesla hurt sentiment toward the Magnificent 7 stocks as Nasdaq has its worst day since 2022. Important Disclosu...

Stocks Weaken After Choppy Session

23 Jul 2024

Contributed by Lukas

Major indexes ended slightly lower, while small caps outperformed once again as investors await quarterly updates from Alphabet and Tesla. Important ...

Mega-Cap Monday Sees Tech Soar After Biden Exits

22 Jul 2024

Contributed by Lukas

Amid new political uncertainty, mega-cap stocks resumed climbing Monday, helped by investors embracing the familiar. Still, gains were relatively broa...

Software Snafu Wraps Up Worst Week Since April

19 Jul 2024

Contributed by Lukas

Major indexes sank Friday as an IT outage hit global businesses, hurting tech stocks. The S&P 500 had its worst week in three months, and volatility s...

Tech-led Sell-off Advances, Joined by More Sectors

18 Jul 2024

Contributed by Lukas

Pressure broadened with little room for escape. Yesterday's geopolitical worries persisted, as did nerves ahead of key tech earnings next week. Netfli...

Chip Dip Hits Nasdaq Amid Geopolitical Jitters

17 Jul 2024

Contributed by Lukas

Geopolitical worries following Trump's comments and Biden's possible policy changes hit semiconductor stocks, sending the Nasdaq down 2.5% even as yie...

Great Rotation Continues as DJIA Hits New Highs

16 Jul 2024

Contributed by Lukas

Small-caps, industrials, and consumer discretionary led the parade, with tech in the background. Cyclical sectors gained on rate cut hopes despite fir...

Small Caps Again Lead the Way as Rotation Continues

15 Jul 2024

Contributed by Lukas

Rotation out of tech and into cyclical and small-cap stocks amid rate cut hopes continued, and stocks gained despite late selling. Volatility rose aft...

Stocks Set New Intraday Highs Despite Hot PPI Data

12 Jul 2024

Contributed by Lukas

Before a late-day selling spree, the S&P 500 and Dow Jones Industrial Average hit all-time record highs despite firm PPI growth. Info tech rebounded, ...

U-Turn: Low CPI Aids Small Caps, Hurts Megas, Tech

11 Jul 2024

Contributed by Lukas

Today's weaker-than-expected June CPI report raised odds for a September rate cut above 90%, helping rate-sensitive small-cap stocks. Tech and mega ca...

Stocks Hit Fresh Highs Before CPI, Lifted by Chips

10 Jul 2024

Contributed by Lukas

A day before the June CPI report, major indexes extended their rally amid growing demand for semiconductors and rate cut hopes. The S&P 500 index topp...

Stocks Finish Barely Changed Despite Dovish Powell

09 Jul 2024

Contributed by Lukas

Fed Chair Powell stressed inflation progress and cited labor market concerns in testimony, but major indexes kept treading water ahead of Thursday's C...

Waiting Game as Powell Testimony, CPI Data Loom

08 Jul 2024

Contributed by Lukas

The Nasdaq and S&P 500 made new record highs again Monday, led by chip stocks, but trading was light ahead of Powell's testimony to Congress tomorrow ...

Stocks Set New Highs on Jobs Report, Rate Cut Hope

05 Jul 2024

Contributed by Lukas

Wall Street closed at all-time highs after relatively weak jobs data sent yields down on hopes of rate cuts. Inflation data, Powell testimony, and big...

Fireworks as Stocks Make New Highs on Yield Drop

03 Jul 2024

Contributed by Lukas

Wall Street once again delivered a record close in Wednesday's short session ahead of Thursday's July 4 closure. Mega caps led after weaker data stren...

Yields Ease, Stocks at New Peak After Powell Talks

02 Jul 2024

Contributed by Lukas

The S&P 500 closed at a new all-time high above 5,500 following a drop in Treasury yields due to dovish remarks from Fed Chair Powell. Fed minutes loo...

Stocks Off to Hot July Start Despite Yields, Crude Oil

01 Jul 2024

Contributed by Lukas

Wall Street's rally came despite rising Treasury yields and crude oil. The yield rally could reflect increased deficit and inflation fears connected t...

Yields Up Despite Cooler Inflation, Hurting Stocks

28 Jun 2024

Contributed by Lukas

An early rally to all-time highs reversed and stocks ended lower as yields climbed amid political uncertainty. The broader market rose 4% for the quar...

Tech Leads Light Gains Ahead of Inflation Report

27 Jun 2024

Contributed by Lukas

Nvidia slumped again, but many software and cloud stocks gained, and the market rose slightly ahead of Friday's PCE data. Yields fell and will be in f...

Nvidia's Late Surge Lifts Market but Yields Eyed

26 Jun 2024

Contributed by Lukas

Wall Street got last-minute support from Nvidia's rebound while other mega caps also surged, but higher yields and a rising dollar provided pressure. ...

Nvidia Leads Tech Rebound, but Most Sectors Fall

25 Jun 2024

Contributed by Lukas

Wall Street did a 180 on Tuesday, with most shares declining even as tech, led by Nvidia, gained significant ground from Monday's heavy losses. Yields...

Fresh Chip Weakness Masks Improvement Elsewhere

24 Jun 2024

Contributed by Lukas

Nearly 70% of S&P 500 stocks rose, but the index fell as Nvidia and related stocks brought pressure. Energy, financials, and real estate climbed as ro...

Stocks Fell as Tech Shares Extended Weakness

21 Jun 2024

Contributed by Lukas

The S&P 500 index and Nasdaq Composite still ended the week near record highs with a heavy data week ahead.Important DisclosuresInformation on this si...

Stocks Mixed Amid Weaker Economic Data

20 Jun 2024

Contributed by Lukas

Major indexes are mostly down following the Juneteenth holiday, with the S&P 500 fading after briefly surpassing 5,500 for the first time.Important Di...

Stocks' Record Run Extends After Soft Retail Sales

18 Jun 2024

Contributed by Lukas

Weaker-than-expected retail sales boosted rate cut hopes, while the semiconductor rally made Nvidia the world's most valuable company.Important Disclo...

Stocks Extend Record Rally as Momentum Continues

17 Jun 2024

Contributed by Lukas

The S&P 500 index posted its 30th record close of the year as investors remained emboldened by signs of easing inflation.Important DisclosuresInformat...

S&P 500 Up for Week on Encouraging Inflation News

14 Jun 2024

Contributed by Lukas

Nasdaq Composite hits record high for fifth straight day, but slide in consumer sentiment burdens rest of market.Important DisclosuresInformation on t...

S&P 500 Hits Record Behind Cooler Inflation Data

13 Jun 2024

Contributed by Lukas

Lower-than-expected PPI readings offered further encouragement on inflation, rate outlook.Important DisclosuresInformation on this site is for general...

Stocks Post Fresh Records on Easing Inflation

12 Jun 2024

Contributed by Lukas

The S&P 500 index hit an all-time high for the third-straight day on cooler CPI report, even as the Fed scaled back on rate cut outlook.Important Disc...

S&P 500 Hits Record Ahead of CPI, FOMC Results

11 Jun 2024

Contributed by Lukas

A rally in Apple shares boosted major indexes, but the market is otherwise subdued ahead of key inflation, Fed updates.Important DisclosuresInformatio...

Stocks Post Record Highs Ahead of CPI, FOMC

10 Jun 2024

Contributed by Lukas

The S&P 500 index climbed to a fresh all-time high as investors await inflation update and Fed policy meeting.Important DisclosuresInformation on this...

Stocks Slip from Records as Job Growth Surprises

07 Jun 2024

Contributed by Lukas

An unexpectedly strong jump in nonfarm payrolls indicated a firm job market but reduced chances for Fed rate cuts.Important DisclosuresInformation on ...

Stocks Slip from Records as Jobs Report Looms

06 Jun 2024

Contributed by Lukas

Investors eagerly await the Labor Department's May payrolls report, which could influence expectations for Fed policy.Important DisclosuresInformation...

Stocks Rise to Records Amid Rate Cut Hopes

05 Jun 2024

Contributed by Lukas

Strength in Nvidia and other semiconductor companies helped boost the S&P 500 and Nasdaq Composite to record closes.Important DisclosuresInformation o...

S&P 500 Ends Firmer as Pre-Jobs Choppiness Extends

04 Jun 2024

Contributed by Lukas

Signs of job market erosion kept Treasury yields under pressure as investors look toward Friday's payrolls update.Important DisclosuresInformation on ...

Stocks End Mixed Amid Economy Concern

03 Jun 2024

Contributed by Lukas

An unexpectedly weak manufacturing gauge weighed on the market to kick off a busy data week, capped by Friday's jobs report.Important DisclosuresInfor...

Stocks Mixed After PCE Report Met Expectations

31 May 2024

Contributed by Lukas

The S&P 500 ended its five-week win streak but is still up for May as investors maintain subdued expectations for Fed rate cuts.Important DisclosuresI...

Salesforce's Slump Sent the Dow to a Four-Week Low

30 May 2024

Contributed by Lukas

Major indexes extended slide as investors wait for a key inflation update that may influence Fed rate discussions.Important DisclosuresInformation on ...

Stocks Extend Slump as Yields Continue to Climb

29 May 2024

Contributed by Lukas

The Dow Jones Industrial Average dropped to a four-week low amid concerns over stubborn inflation and prospects interest rates may stay elevated.Impor...

Stocks End Mixed After Treasury Yields Spike

28 May 2024

Contributed by Lukas

Disappointing auction results sent yields higher, while semiconductor strength lifted the Nasdaq Composite to a record close.Important DisclosuresInfo...

Stocks recover pre-holiday, end the week mixed

24 May 2024

Contributed by Lukas

Mega cap tech stocks led Friday's market, helping the Nasdaq notch a fifth weekly gain.Important DisclosuresInformation on this site is for general in...

Stocks Tumble Amid Diminished Fed Rate Cut Hopes

23 May 2024

Contributed by Lukas

A surge in manufacturing and services activity drove yields higher, erasing the initial Nvidia-driven rally.Important DisclosuresInformation on this s...

Stocks Drop as Fed Minutes Show Inflation Concern

22 May 2024

Contributed by Lukas

Major benchmarks fell from record highs ahead of highly anticipated Nvidia earnings.Important DisclosuresInformation on this site is for general infor...

Nasdaq Posted Record High Ahead of Nvidia Results

21 May 2024

Contributed by Lukas

The S&P 500 index also posted an all-time high after Fed leader's comments suggested the central bank is finished raising rates.Important DisclosuresI...

Nasdaq Hits Record High Amid AI Bullishness

20 May 2024

Contributed by Lukas

The S&P 500 index ended near an all-time high as signs of easing inflation encouraged investors ahead of Nvidia earnings.Important DisclosuresInformat...

Dow Ends Above 40,000 to Cap Firm Week for Stocks

17 May 2024

Contributed by Lukas

The S&P 500 index posted its fourth consecutive weekly advance after signs of cooler inflation boosted hopes for rate cuts.Important DisclosuresInform...

Dow Briefly Topped 40,000 Behind Strong Walmart Results

16 May 2024

Contributed by Lukas

Major indexes pulled back but still remain near record highs after encouraging inflation numbers lifted hopes for lower interest rates.Important Discl...

Stocks Rally to Records on Cooler CPI

15 May 2024

Contributed by Lukas

The S&P 500 index jumped to an all-time high after lower-than-expected CPI readings boosted hopes for Fed rate cuts.Important DisclosuresInformation o...

Stocks Bounce Back From PPI Surprise

14 May 2024

Contributed by Lukas

Unexpectedly hot producer price readings stoked inflation worries, but semiconductor strength helped send the Nasdaq Composite to a record high.Import...

Stocks Mixed as Key Inflation Reports Loom

13 May 2024

Contributed by Lukas

The Dow Jones Industrial Average ended its eight-session winning streak as investors await producer and consumer price readings and retailer earnings....

Stocks Mixed Amid Concern Over Consumers

10 May 2024

Contributed by Lukas

Consumer confidence dropped sharply, but the S&P 500 index posted its third straight weekly gain as key inflation updates loom. Important Disclosures...

Stocks Extend Rally on Signs of Labor Softening

09 May 2024

Contributed by Lukas

The S&P 500 index climbed to a one-month high after a surprisingly high jump in weekly jobless claims fueled hopes for Fed cuts. Important Disclosure...

Stocks Mixed as Investors Weigh Earnings, Rate Outlook

08 May 2024

Contributed by Lukas

The Dow Jones Industrial Average ended at a five-week high, although the broader market was otherwise mixed ahead of key inflation updates.Important D...

Stocks Mixed as Treasury Yields Extend Slide

07 May 2024

Contributed by Lukas

The S&P 500 index ended near a four-week high as renewed hopes for lower interest rates encouraged investors.Important DisclosuresInformation on this ...

Stocks Extend Gains Amid Higher Rate Cut Hopes

06 May 2024

Contributed by Lukas

The S&P 500 index hits its highest close in almost four weeks after the jobs report and Fed leader comments drove renewed optimism over rates.Importan...

Stocks Rally as Jobs Report Drives Fed Optimism

03 May 2024

Contributed by Lukas

The S&P 500 index climbed to a three-week high after the Labor Department reported weaker-than-expected payroll growth, boosting rate cut hopes.Import...

Stocks Climb Ahead of April Payrolls Report

02 May 2024

Contributed by Lukas

The S&P 500 index ends a two-day slide as investors took encouragement from Fed leader's comments and await the Labor Department update.Important Disc...

Stocks End Mixed After Post-FOMC Rally Fades

01 May 2024

Contributed by Lukas

Fed policy leaders held benchmark rates unchanged as expected, but Powell encouraged investors by saying further increases are unlikely.Important Disc...

Stocks Slump Broadly to End Weak Month

30 Apr 2024

Contributed by Lukas

The S&P 500's five-month winning streak ended after unwelcomed inflation measures and a drop in consumer confidence fueled widespread selling.Importan...

Stocks Firm Ahead of Fed Meeting, Jobs Report

29 Apr 2024

Contributed by Lukas

Major indexes edged higher but still poised for down month as investors brace for heavy week of earnings, economic news.Important DisclosuresInformati...

Stocks Rally to End Week Amid Robust Tech Results

26 Apr 2024

Contributed by Lukas

Alphabet's shares rally sharply followed robust quarterly earnings, lifting tech stocks and helping the Nasdaq Composite end its four-week slide.Impor...

Disappointing GDP Report Sends Stocks Tumbling

25 Apr 2024

Contributed by Lukas

Weaker-than-expected first-quarter growth and inflation worries continue to rattle investors, while Meta’s Thursday nosedive weighed on tech.Importa...

Stocks Mixed After Early Week Rebound Dissipates

24 Apr 2024

Contributed by Lukas

The Tesla rally contributed to early market gains, but strength faded amid rising Treasury yields and deflated hopes for rate cuts.Important Disclosur...

Stocks Extend Upswing as Big Tech Results Loom

23 Apr 2024

Contributed by Lukas

Strong earnings reports from several big companies fueled renewed broad-based buying, helping lift the Dow Jones Industrial Average to a two-week high...

Stocks Rebound as Mideast Tensions Ease

22 Apr 2024

Contributed by Lukas

The S&P 500 index broke a six-day losing streak after oil prices declined and investors waited for earnings report from major companies.Important Disc...