Schwab Expands 24-Hour Trading to S&P 500, Nasdaq-100 Stocks
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Charles Schwab Corp. has expanded its trading hours, allowing customers to trade S&P 500 and Nasdaq-100 stocks 24/5 through its thinkorswim platform. This move follows a successful pilot program and aims to provide retail investors with the ability to react to overnight market changes. The expansion is expected to double Schwab's trading volume, processing around 6 million daily trades. The shift towards extended trading hours reflects the growing demand for access to markets during volatile periods. Schwab's stock was trading at approximately $82, down 1.5% in the afternoon session.
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