Dow Surges Over 100 Points; Charles Schwab Posts Upbeat Earnings
1. SCHW reported Q3 earnings of $1.31 EPS, exceeding estimates. 2. Quarterly sales reached $6.135 billion, a 27% increase year over year. 3. Financial stocks overall decreased by 0.7% in today's market. 4. U.S. stocks generally advanced, despite a mixed economic outlook. 5. Communication services showed notable gains, while SCHW's sector lagged.