The Latest Breaking News from Charles Schwab

Americans still believe they need $1.8M to retire comfortably, Schwab study shows.

This unexpected event occurred during what was anticipated to be one of the biggest stock market sell-offs of 2024.

The S&P 500 and Nasdaq also scored wins Tuesday albeit with much smaller gains than the blue chip Dow.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.32%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.45%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.30%. Stock indexes today are moving higher, with the Dow Jones Industrials posting a new...

September S&P 500 E-Mini futures (ESU24) are down -0.06%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.05% this morning as investors looked ahead to the release of U.S. inflation data, Federal Reserve Chair Jerome Powell’s congressional testimony, and the start of the second-quarter earnings season later in the…

September S&P 500 E-Mini futures (ESU24) are down -0.06%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.05% this morning as investors looked ahead to the release of U.S. inflation data, Federal Reserve Chair Jerome Powell’s congressional testimony, and the start of earnings season later in the week.

With Charles Schwab expected to release its Q2 earnings results this month, analysts project a low single-digit growth in its earnings.

Charles Schwab has underperformed Nasdaq recently, but Wall Street analysts are moderately optimistic about the stock’s prospects.

Charles Schwab has outperformed the broader market over the past year, and Wall Street analysts are still moderately bullish about the stock’s prospects.