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Schwab Trading Activity Index™: STAX Score Rebounds in May

$SCHWPress releaseJun 8, 2026, 12:30 PM ETRead the release

Schwab’s proprietary Trading Activity Index (STAX) rose to 55.08 in May, up from 50.10 in April, indicating that retail clients were net buyers of equities. Information Technology led net buying, while Communication Services, Health Care, and Energy were net sold. Clients showed caution by favoring diversified ETFs and using options for tech exposure.

Key figures

Stax score may
55.08
Stax score april
50.1
Q1 sp500 earnings growth
27%

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.