Schwab Market Update Audio

June 28, 2019 U.S. equities finished with modest increases, but snapped a string of weekly gains, amid palpable caution ahead of the highly-anticipated meeting between President Trump and Chinese President Xi tomorrow.

June 27, 2019 U.S. equities finished with modest gains after trading in a narrow range, with Boeing a drag on the Dow amid a possible new software issue regarding its grounded 737 Max jet, and as focus on the G-20 summit intensified with uncertainty what a meeting between President Trump and Chinese President Xi over the weekend will bring.

June 26, 2019 U.S. equities finished mixed, as early gains that came following comments from Treasury Secretary Mnuchin that seemed to lift optimism of a U.S.-China trade deal were tempered by uncertainty over the outcome of the looming meeting between President Trump and Chinese President Xi.

June 25, 2019 U.S. stocks finished in the red and near the lows of the day, as remarks from today's speech from Federal Reserve Chairman Jerome Powell dampened a widely anticipated rate cut in July, adding to the cautious sentiment that was already in place caution ahead of this week's highly-expected meeting between President Trump and Chinese President Xi at the G-20 summit.

June 24, 2019 U.S. equities finished mixed, as investors appeared cautious ahead of the highly-anticipated meeting between President Donald Trump and Chinese President Xi at this week's G-20 summit.

June 21, 2019 U.S. equities lost steam late in the day to finish lower, but were able to notch another week of solid gains, as yesterday's rally on increased optimism of rate cuts on the horizon following the Federal Reserve policy meeting was tempered by soft reads on manufacturing globally, as well as lingering tensions in the Middle East.

June 20, 2019U.S. equities were able to resume a rally that came courtesy of increased optimism for near-term rate cuts after yesterday's Fed meeting, after a brief move lower on escalated geopolitical tensions following a slew of responses from military and congressional leaders, as well as President Trump, on Iran's actions of shooting down a U.S. drone.

June 19, 2019 U.S. stocks finished higher after the Federal Reserve held steady on its target for the fed funds rate, while also removing the "patience" language from its statement, solidifying expectations that any future move by the Central Bank would be a rate cut.

June 18, 2019 U.S. equities finished solidly in the green, as early gains amid increased hopes of a more dovish Fed at the conclusion of its two-day meeting were further fueled from a tweet from President Trump that he will meet with Chinese President Xi at next week's G-20 summit.

June 17, 2019 U.S. equities started the week off on a positive note, as hopes that the Fed’s meeting later in the week may provide more clarity to the increased notion of a rate cut in the offing aided sentiment.

June 14, 2019 While the bulls gave it a valiant effort, with the Dow and S&P 500 clawing their way out of an early hole, pressure from the technology sector on a warning from Broadcom was hard to overcome, with stocks finishing lower, while a mixed bag of economic data domestically and abroad, as well as heightened geopolitical tensions in the Middle East added to the negative sentiment.

June 13, 2019 U.S. equities finished higher, pausing a two-day losing streak that came amid U.S.-China trade tensions, as comments yesterday from President Trump about his optimism of a deal helped to soothe the worries somewhat.

June 12, 2019U.S. equities finished with modest losses, as the recent rally on the back of heightened Fed rate cut expectations and the averted Mexican tariffs succumbed to persistent uncertainty over a U.S.-China deal.

June 11, 2019 U.S. equities finished modestly lower, paring early gains and snapping a five-session winning streak, as upbeat sentiment on ramped-up Fed rate cut expectations and cooling trade concerns with Mexico was tempered amid a new round of posturing within the U.S./China trade standoff.

June 10, 2019 U.S. stocks continued to rally, registering a fifth-straight session of gains, courtesy of eased trade fears after a migration agreement helped Mexico avoid increased U.S. tariffs that were supposed to kick in today.