Why the Stock Market Is Not the Economy

January 9, 2023
Watch to learn the difference between the stock market and the economy.
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Get Schwab's view on markets and economy.

Today's Options Market Update

Stocks lower as investors digest data, Fed commentary.

Looking to the Futures: Aussie Higher Following Hawkish RBA

The Reserve Bank of Australia (RBA) was next-up with its interest rate announcement and as expected, hiked the Official Cash Rate (OCR) by 25 basis points to 3.35% on Tuesday.

Schwab Market Update: Stocks Fall Amid Mixed Earnings

U.S. equities finished near their lows of the day as the markets continued to digest mixed earnings data and last night's State of the Union Address from President Joe Biden.

This material is intended for informational purposes only and should not be considered a personalized recommendation or investment advice. Investors should review investment strategies for their own particular situations before making any investment decisions.

Investing involves risks, including the loss of principal invested.

Past performance is no guarantee of future results.

All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed.

Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.

Diversification and asset allocation strategies do not ensure a profit and cannot protect against losses in a declining market.

The S&P 500® is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI") and has been licensed for use by Charles Schwab & Co., Inc. Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). Charles Schwab & Co., Inc. is not sponsored, endorsed, sold, or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s), nor do they have any liability for any errors, omissions, or interruptions of the S&P 500.

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