Schwab Trading Activity Index™: STAX Score up in September Despite Inflation Concerns

Schwab Trading Activity Index vs. S&P 500 (Graphic: Charles Schwab) Schwab clients net bought the Consumer Discretionary, Industrials, Consumer Staples and Financials sectors but favored diversified exposure through ETFs Key Takeaways: The Schwab Trading Activity Index™ (STAX) increased to 58.92 in September, up from its score of 57.50 in August. Schwab clients diversified exposure with broad ETF buying even as they used pullbacks and technical support to add exposure to favored growth stocks. A recent client survey indicates investor sentiment could turn more bearish as many anticipate at least one interest rate hike in October. WESTLAKE, Texas, October 05, 2026--(BUSINESS WIRE)--The Schwab Trading Activity Index™ (STAX) increased to 58.