NEW YORK, Jan 17, 2026, 17:01 EST — Market closed.
- Shares of Charles Schwab closed Friday roughly 1% higher, finishing at $103.82.
- The U.S. markets will be closed Monday in observance of Martin Luther King Jr. Day. Trading picks back up Tuesday.
- Schwab will release its quarterly earnings on Jan. 21.
Charles Schwab shares ended Friday roughly 1% higher at $103.82, holding close to recent peaks as the market heads into a holiday-shortened week.
U.S. stock and bond markets are closed Monday for the Martin Luther King Jr. holiday, pushing focus to Tuesday’s reopening and a jam-packed week ahead. Traders will have fewer sessions to react to major catalysts, squeezing positioning into a tight window.
Schwab’s next major data release comes Wednesday, Jan. 21, with its quarterly earnings report. Investors want fresh details on client growth and asset inflows, plus updates on net interest income — the difference between interest earned on assets and interest paid out.
The stock has climbed for three sessions in a row and now trades about 0.9% shy of its 52-week peak at $104.76, reached on Jan. 6. Friday’s volume came in at 10.8 million shares, topping the 50-day average of 8.4 million. Meanwhile, shares of Blackstone and BlackRock climbed, while Morgan Stanley slipped.
Schwab’s action came as Wall Street closed Friday largely flat after a volatile session ahead of the long weekend, with all three major indexes logging weekly declines. “Most investors will take that as a win,” said Anthony Saglimbene, chief market strategist at Ameriprise Financial. Reuters
Options-market watchers expect bigger swings after the monthly expiration, an event that shifts how dealers adjust their hedges. Options give investors the right to buy or sell shares at a fixed price before a deadline. “I think this options expiration will allow the S&P 500 to start moving around a bit more,” said Brent Kochuba, founder of options analytics firm SpotGamma. YieldMax ETFs strategist Mike Khouw highlighted single-stock expirations as another driver of volatility. Reuters
For Schwab, increased movement cuts both ways. Volatility spikes tend to boost client activity, yet steep declines hit client assets and pressure fee-based revenue.
Earnings will shift attention to interest-driven results and how clients are managing their cash. Traders often zero in on the amount held in lower-yield “sweep” balances compared to higher-yield options, since that balance can significantly impact net interest income.
Expense discipline remains crucial. Schwab has invested heavily in integration and platform upgrades lately, and investors are quick to react if costs start outpacing revenue.
Still, there’s a clear risk if markets remain dull. A flat tape tends to suppress trading activity, and any hint that clients keep moving money out of low-yield accounts could cap gains, even if the broader market stays near its peaks.
Tuesday could see added headline risk from Washington, beyond Schwab’s report. The U.S. Supreme Court plans to hand down its next rulings on Jan. 20, and the fate of President Donald Trump’s broad tariffs remains unsettled.
The Federal Reserve is scheduled to meet Jan. 27-28, keeping interest rates and market expectations on edge, especially for financial stocks. But for Schwab investors, the more immediate date is Jan. 21, when management will update on interest income, client cash balances, and trading activity.
