Schwab closed its $26 billion acquisition of TD Ameritrade in late 2020, then spent more than three years moving millions of TD customers onto its platform.
Based on current index valuations and investor sentiment, David might beat Goliath again, with small-cap stocks outperforming large-caps, especially if selected for quality.
With Apple shares up 38% from their April lows, a UBS analyst says “optimism is misplaced” as an iPhone supercycle may be hard to come by.
Northern Trust stock loses 5% of its value.
The U.S. stock market’s breadth is improving, a positive sign for the momentum of the rally so far this year, according to BofA Global Research.
Intel and GlobalFoundries could benefit from potential semiconductor-industry restrictions on China and Taiwan.
An inverted Treasury yield curve is supposedly a harbinger of recession. Does this mean that, when the curve un-inverts, it is tantamount to the market sending the all-clear signal?
Federal Reserve Gov. Christopher Waller said the central bank is “getting closer to the time when a cut” in interest rates is warranted, but he still wants more evidence that inflation is slowing before he’s ready to move.
