CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
The Charles Schwab Corporation (SCHW) is a diversified banking and brokerage company located in San Francisco, California. Incorporated on 25 November 1986, the company provides a wide range of financial services to retail and institutional clients. Charles Schwab operates in two key segments: Investor Services and Advisor Services. The Investor Services division is responsible for discount brokerage services and banking through Schwab Bank. The Advisor Services division offers custody, technology, trading, practice management and other services to approximately 7,000 independent investment advisors. Charles Schwab has over 325 branches in 45 American states, as well as a branch in London and one in Puerto Rico. There is also a subsidiary in Hong Kong.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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