Schwab stock slips as Fed minutes put rate outlook back in focus
NEW YORK, December 30, 2025, 14:00 ET — Regular session The Charles Schwab Corp’s shares were down 0.6% at $100.69 in afternoon trading on Tuesday, after opening at $101.58 and trading between $100.34 and $101.60. The broader market was little changed, while rivals Interactive Brokers and Robinhood also traded lower. The move matters because Schwab earns a large share of its revenue from client cash, making the stock sensitive to shifts in interest-rate expectations. That sensitivity can show up quickly on quiet days, when small changes in rate bets have an outsized impact on financial stocks. Investors are also looking