Schwab Market Update Audio

U.S. equities finished solidly higher, showing some resiliency in the wake of yet another hotter-than-expected read on inflation, and as earnings season kicked off amid some mixed results.

U.S. equities lost steam into the close to finish lower, as investors appeared to assess data that showed consumer prices rising to their highest levels since 1981.

Last week's bearishness carried over to the new week, which will be shortened by the Good Friday holiday.

U.S stocks closed mixed on the day and rounded out the first full week of the quarter with a weekly decline.

U.S. stocks rebounded in late-date action to break a two-day losing cycle as the markets digested the ramped-up concerns on the heels of hawkish Fed commentary and minutes from its March meeting this week that suggested highly aggressive monetary tightening.

U.S. equities finished lower for a second-straight session, as the markets remained unnerved by the economic implications of a highly aggressive Fed and a potential policy mistake.

U.S. equities were lower as the markets appeared to react to hawkish comments from Fed Governor Brainard that the central bank could soon begin its balance sheet reductions and "at a rapid pace."

U.S. equities closed higher to begin the week, as the more growth-oriented sectors of Information Technology, Communications Services, and Consumer Discretionary led the way.

U.S. equities finished higher in a rollercoaster ride of a session, starting Q2 off in positive fashion after posting the worst quarterly performance in two years in Q1.