Schwab Market Update Audio

The S&P 500 rose for the sixth straight session to a new 14-month high thanks to investor hopes that the end of the rate-hiking cycle could be near.

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Fed officials' hawkish expectations of two more quarter-point rate increases this year chilled some of the market’s early enthusiasm.

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A lower-than-expected reading CPI triggers a broad-based rally that leaves the S&P 500 and Nasdaq at 14-month highs.

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The S&P 500 and Nasdaq reached their highest levels since April 2022 as the market anticipates a pause in rate hikes.

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Big companies continued to power the benchmark indexes higher in an otherwise lackluster week as investors prepared for the Fed meeting and updated inflation data next week.

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Continued gains by large-cap stocks pushed the S&P 500 onto bull market turf as investors look toward Fed meeting, inflation numbers.

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The Russell 2000 rose to a three-month high, but large-cap indexes were mixed as investors looked toward next week's Fed meeting.

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Continued gains in tech leave the Nasdaq near a 14-month high, while small-cap stocks shook off some of the weakness.

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A stumble by Apple keeps the S&P 500 Index from entering a fresh bull market, while slowing services sector activity has raised concerns about the economy.

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The end of debt standoff and a stronger-than-expected jobs report helped boost the Dow to its biggest gain in over six months, while the Nasdaq is near a 14-month high.

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