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Podcast: Schwab Market Update Audio
Episode: Stocks Slump Late as Record Rally Hits Roadblock
Description: The major indexes erased early gains and tumbled to losses late in the trading session as disappointing quarterly numbers from FedEx stirred concern over the economy.Important DisclosuresInformation on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investment strategies mentioned may not be suitable for everyone. Each investor needs to review a security transaction for his or her own particular situation. All expressions of opinion are subject to change without notice in reaction to shifting market, economic and...