Schwab Market Update
Schwab’s take on the markets offers an information-packed summary of each trading day's key results and statistics for investors.
The major indexes rose for a fifth consecutive week behind a further drop in Treasury yields and growing confidence inflation will continue to recede.
Favorably viewed numbers in a key inflation gauge further boosted investor confidence that the Fed may be done hiking interest rates.
The major indexes ended mixed but still tracking for a strong month as declining Treasury yields encouraged investors with a critical inflation report looming.