Charles Schwab stock faces jobs data after record quarter
Published on 11/01/2026 at 17:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSJobs Data Tests Schwab Momentum
- Charles Schwab reported record third-quarter revenue of 7.2 billion U.S. dollars and adjusted diluted earnings per share of 1.69 U.S. dollars.
- The November 6 employment report is forecast to show 63,000 payroll gains, compared with 29,000 previously, while unemployment is expected to hold at 4.2%.
- Schwab's third-quarter client assets reached 13.33 trillion U.S. dollars, while daily average trading volume rose 44% year over year.
U.S. labor-market figures will set the main agenda for Charles Schwab investors next week. The October Employment Situation report is scheduled for Friday, November 6, at 8:30 a.m. Eastern Time, according to InvestingLive.
The calendar cited by the market publication calls for nonfarm payrolls to rise by 63,000, compared with 29,000 previously. The unemployment rate is expected to remain at 4.2%, while average hourly earnings are forecast to increase 0.3% month over month after 0.1% previously. The combination could influence expectations for interest rates and the trading environment for financial firms.
Record Quarter Raises The Bar
Charles Schwab entered the week with strong operating momentum. In its October 15 release, the company reported third-quarter net revenue of 7.171 billion U.S. dollars, up 17% from a year earlier. GAAP diluted earnings per share reached 1.62 U.S. dollars, while adjusted diluted earnings per share came to 1.69 U.S. dollars after 151 million U.S. dollars of pretax transaction-related costs.
Client activity also strengthened. Total client assets reached 13.33 trillion U.S. dollars at the end of September, and daily average trading volume increased 44% year over year to 10.7 million trades. Schwab said core net new assets totaled 190.4 billion U.S. dollars during the quarter.
Jobs Signal Meets Rate Sensitivity
For Schwab, the jobs report matters through both market activity and monetary policy expectations. A resilient labor market could support trading engagement, while wage pressure may keep attention on the interest-rate outlook. Softer hiring could raise growth concerns, even if it increases expectations for easier policy.
The real-time quote of Charles Schwab stock was 78.95 euros on Lang & Schwarz at 5:27 p.m. CET on Sunday, November 1, 2026.
Charles Schwab stock at a glance
- Company: Charles Schwab Corporation
- ISIN: US8085131055
- Ticker: SCHW
- Primary exchange: New York Stock Exchange
- Lang & Schwarz quote: 78.95 euros on Sunday, November 1, 2026, at 5:27 p.m. CET
The broader S&P 500 market will provide the wider backdrop as investors assess elections, economic releases and rate expectations.
More company-specific context is available in more news and analyses on Charles Schwab stock.
