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Market Commentary

Get our experts' perspective on recent market trends and what they could mean for your investment portfolio.

The latest commentary

Confidence Dips, Stocks Wobble

As the S&P 500 breaks through a support line, consumer confidence retreated. Meanwhile, broad-based tariffs are back under a new justification.

July 31, 2026

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Stock Sector Outlook

Our outlook on the 11 S&P 500 equity sectors.

July 31, 2026

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Stocks Higher Post Amazon EPS

After a strong rebound Thursday, stocks are poised to finish the week strong. Amazon and Apple are showing mixed results after earnings. The Bank of Japan left rates unchanged.

July 31, 2026

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Fed Leaves Rates Unchanged

In a 9-3 vote, the Fed policy committee chose patience in the face of elevated inflationary pressures, but the dissenting votes raise pressure for a rate hike in September.

July 29, 2026

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Clarity Act and Credit Spreads

This week's update includes analysis of China's approach to AI, thoughts on another potential government shutdown, a Clarity Act check-in, and a look at credit spread trends.

July 24, 2026

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Health Care Earnings Preview

Government cuts are hitting insurers and care providers, while some pharmaceutical companies are reaping the benefits of innovative obesity and diabetes drugs.

July 23, 2026

Trading

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Weekly Trader's Outlook

Nathan Peterson

July 31, 2026

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Today's Options Market Update

Joe Mazzola

July 31, 2026

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US stocks and economy

Our perspective on what's driving U.S. equity markets

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Market Snapshot

Liz Ann Sonders shares her perspective on the U.S. stock market and economy in this monthly Market Snapshot video.

July 09, 2026

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Schwab Market Perspective

Our point of view on recent market and economic activity.

July 17, 2026

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The New Temperamental Era

The Great Moderation has given way to a more volatile era, where inflation shocks and market dispersion favor flexibility and diversification.

July 08, 2026

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U.S. Stocks Mid-Year Outlook

Learn what's in store for the remainder of 2026 and the challenges that lie ahead in our mid-year outlook for U.S. stocks and the economy.

June 03, 2026

International stocks and economy

Our take on crosscurrents affecting international equities

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Schwab Market Perspective

Our point of view on recent market and economic activity.

July 17, 2026 • Liz Ann Sonders • Kevin Gordon • Collin Martin • Michelle Gibley • Chris Ferrarone

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The Global Earnings Boom

The global earnings boom may support stocks, but concentration risks remain. Investors should consider diversifying beyond a narrow group of AI beneficiaries.

July 13, 2026

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Global Equity Outlook

Equity markets should remain supported by strong earnings and capital investment trends through 2026, but market concentration and macro risks leave less room for error.

June 08, 2026

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AI and Emerging Market Stocks

Emerging market stocks have rebounded to new highs following their correction at the onset of the Iran war. The recent rally has been concentrated around AI. Can this continue?

May 11, 2026

Fixed income

Insights on the latest developments in fixed income and currency markets

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Muni Below Par? What to Know

Discounted municipal bonds could expose you to unexpected taxes. Here's what to know before you buy.

July 30, 2026 • Cooper Howard

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Fed Leaves Rates Unchanged

In a 9-3 vote, the Fed policy committee chose patience in the face of elevated inflationary pressures, but the dissenting votes raise pressure for a rate hike in September.

July 29, 2026

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Choosing Out-of-State Munis

Although investing in in-state municipal bonds may have tax advantages, there can be good reasons to buy out-of-state munis.

July 22, 2026

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Inside the Fed’s Toolbox

What the Fed's monetary-policy tools signal about the market.

July 21, 2026

Government affairs

Our take on policy decisions that may affect markets and investments

Explore more topics

Trading Stocks Bonds Fixed Income Markets and Economy Government Policy International Sectors US

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This material is intended for general informational and educational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The securities, investment products and investment strategies mentioned are not suitable for everyone. Each investor needs to review an investment strategy for their own particular situation before making any investment or trading decisions.

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.

For illustrative purposes only. Individual situations will vary. Not intended to be reflective of results you can expect to achieve.

Investing involves risk, including, for some products, more than your initial investment.

Hedging and protective strategies generally involve additional costs and do not assure a profit or guarantee against loss.

Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors.

The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.