Schwab Market Update Audio

In another choppy trading session, U.S. equities finished mixed, with the S&P 500 and NASDAQ very near the unchanged mark, after investors appeared to struggle with conviction on the heels of yesterday's sharp drawdown. 

U.S. equities finished solidly to the downside, reversing earlier gains, as the markets continue to struggle to keep the positive momentum from bouncing off bear market lows. 

U.S. equities closed lower as stocks failed to capitalize on the early momentum from last week's sharp rally that brought the S&P 500 out of bear market territory. 

U.S. stocks closed solidly higher and, in the process, snapped a three-week losing streak for the broad-based S&P 500 Index which had posted weekly declines in 10 out of last 11 weeks. 

Unlike yesterday, U.S. stocks battled back from some early afternoon softness and managed to finish solidly in the green. 

U.S. stocks stumbled to the finish line to close the day just below the flatline, despite being in the green most of the day. 

U.S. equities finished solidly higher to start the holiday-shortened week on a high note after posting the worst weekly declines since March 2020 last week. 

U.S. equities were able to post gains in the final session of a wild week, but notched its tenth week of losses in eleven. 

U.S. equities finished solidly lower, continuing a fairly common pattern of a reversal of a move on a Fed-day, which saw equities rally yesterday after the Central Bank raised rates by 75 basis points (bps)—the largest increase since 1994—and suggested it may have to continue to be as aggressive. 

U.S. equities finished higher, rebounding from a recent selloff that has pulled the S&P 500 into bear market territory, joining the Nasdaq and Russell 2000.