Charles Schwab (NYSE:SCHW) Corp.'s shares ended a two-day losing streak on Tuesday, October 24, 2023, with a 1.01% rise to $49.83. The uptick came amidst a strong trading session where the S&P 500 and Dow Jones indices also saw gains of 0.73% and 0.62% respectively.
In comparison to its competitors, Schwab's performance was mixed. Blackstone (NYSE:BX) Inc. experienced a notable rise of 2.62%, while Morgan Stanley and BlackRock Inc (NYSE:BLK). saw declines of 0.20% and 0.38% respectively.
Despite the day's gains, Schwab's shares remain $36.80 below its 52-week high, which was reached on January 9th, 2023.
Trading volume for Schwab shares remained below average on Tuesday, with only 8.9 million shares changing hands. This figure falls short of its 50-day average by approximately 728,078 shares.
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