Schwab Market Update Audio

August 2, 2019 While off the worst levels of the day, U.S. equities finished lower, marking the largest weekly decline of 2019 and following yesterday's sharp drop, courtesy of escalated trade worries after the U.S. threatened a new round of tariffs on the remaining list of Chinese goods.

August 1, 2019 U.S. equities finished solidly lower, erasing an early rally and adding to yesterday's Fed-induced selloff, after President Trump imposed fresh tariffs on China, even though talks are to resume between the two nations in September.

July 31, 2019 U.S. equities finished lower after the Federal Open Market Committee cut the target for its fed funds rate by a quarter-point, as was widely-expected, but comments from Chairman Powell about not having a pre-set path of future cuts hampered sentiment.

July 30, 2019 U.S. equities were modestly lower with investors waiting for the Fed's monetary policy decision tomorrow, while also digesting a slew of earnings reports and economic data.

July 29, 2019 With a busy week that includes the mid-week monetary policy decision from the Federal Reserve, as well as a plethora of earnings and economic data, investors seemed content to fence-sit to see where the chips will fall.

July 26, 2019 U.S. equities finished higher, with the S&P 500 and Nasdaq notching more record highs along the way, as upbeat sentiment following a stronger-than-expected Q2 GDP report was kept in check with uncertainty surrounding how the Fed may comprehend the data with its highly-anticipated policy meeting looming next week.

July 25, 2019 U.S. equities finished lower, despite more dovish comments from European Central Bank President Draghi following the central bank's monetary policy decision, as investors were treated to a slew of mixed earnings and economic data.

July 24, 2019 U.S. stocks finished mixed, with the S&P 500 and Nasdaq back to record highs, as upbeat earnings from UPS and Texas Instruments joined the backdrop of optimism toward U.S. and China trade talks.

July 23, 2019 Despite softer-than-expected existing home sales and regional manufacturing reports, along with a lowered global growth outlook from the IMF, U.S. equities finished solidly higher, finding some support from upbeat earnings reports, as well as a budget and debt ceiling deal reached by the White House and Congress.

July 22, 2019 U.S. equities posted modest gains to begin the week amid a dormant economic calendar and light equity news, as investors look ahead to a week that will be chock full of potential market-moving events, an acceleration of Q2 earnings season, as well as elevated geopolitical tensions.

July 19, 2019 U.S. equities finished lower in another bumpy trading session, as re-energized near-term rate cut expectations came up against a mixed bag of earnings and economic news, as well as elevated geopolitical tensions following Iran's seizure of a U.K. tanker.

July 18, 2019 U.S. equities were able to finish with modest gains after a rocky session, as uncertainty was palpable amid host of divergent earnings and economic reports, as well as continued angst over a U.S.-China trade deal.

July 17, 2019 U.S. equities finished lower, as investors mulled a number of earnings results and economic data.

July 16, 2019 U.S. equities finished modestly lower, but again near the flatline, as investors scrutinized a mixed bag of earnings results from Dow members Goldman Sachs, JPMorgan Chase & Co and Johnson & Johnson, along with Wells Fargo, as well as a slew of economic data.

July 15, 2019 U.S. equities finished higher, but very near the unchanged mark, with investors cautious ahead of an acceleration of Q2 earnings season with banks in focus.