Schwab Topping Goldman Sachs Presages American Return to Stocks

Schwab Topping Goldman Sachs Presages American Return to Stocks

Scott Eells/Bloomberg

Pedestrians holding umbrellas walk past a Charles Schwab Corp. office in New York. Firms such as Schwab offer cheaper trading services to clients who can’t afford or don’t need full-service brokerages, making them barometers of individual investor enthusiasm.