Charles Schwab’s stock falls after Fed signals more rate hikes ahead

Breaking News

Charles Schwab Corp.’s stock fell back Wednesday after the U.S. Federal Reserve held interest rates steady but said it still plans to hike its benchmark rate by 50 basis points in the coming months.

The stock reversed course from fractional gains earlier in the day, when investors mostly shrugged off Schwab’s…

Original Post

Articles You May Like

S&P 500 E-Mini: Tight Trading Range at September High Likely
George Santos expelled from Congress in House vote. Here’s what comes next.
Coinbase jumps in November as FTX, Binance founders brace for prison
We’re 67 Years Old With $1 Million in IRAs. Is It Too Late to Convert to a Roth?
Bitcoin (BTC) Price Path to $40,000 Cleared, Here’s What Might Further Aid It By U.Today

Leave a Reply

Your email address will not be published. Required fields are marked *