Schwab Q4 Retail Client Sentiment Report: Investors Turn More Bearish on the U.S. Stock Market but Confidence in Reaching Financial Goals Remains High
Published . Updated .
This report is about retail and consumer goods.
Directly affected
- No company is named in this report.
Indirectly affected
- XRT SPDR S&P Retail ETF
SPDR S&P Retail ETF: it holds retailers. Linked by “retail” (retail and consumer goods) in this story.
- XLY Consumer Discretionary Select Sector SPDR+2.3% 30d
Consumer Discretionary Select Sector SPDR: it holds retailers. Linked by “retail” (retail and consumer goods) in this story.
- WMT Walmart+14.9% 30d
Walmart (variety stores): retailers move with shopper spending and import costs. Linked by “retail” (retail and consumer goods) in this story.
- AMZN Amazon.com-7.0% 30d
Amazon.com (catalog and mail-order houses): retailers move with shopper spending and import costs. Linked by “retail” (retail and consumer goods) in this story.
- COST Costco Wholesale+12.7% 30d
Costco Wholesale (variety stores): retailers move with shopper spending and import costs. Linked by “retail” (retail and consumer goods) in this story.
- TGT Target-2.8% 30d
Target (variety stores): retailers move with shopper spending and import costs. Linked by “retail” (retail and consumer goods) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XRT | -1.50% | -2.24% | base | +2.16% | after close | after close | after close |
| XLYNo price data for this ticker | — | — | — | — | — | — | — |
| WMTNo price data for this ticker | — | — | — | — | — | — | — |
| AMZN | +3.66% | +5.97% | base | +4.88% | after close | after close | after close |
| COSTNo price data for this ticker | — | — | — | — | — | — | — |
| TGTNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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Schwab Q4 Retail Client Sentiment Report: Investors Turn More Bearish on the U.S. Stock Market but Confidence in Reaching Financial Goals Remains High Yahoo Finance
Source: Yahoo Finance
How far Spdr Series Trust (XRT) has moved since 2 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Amazon Com (AMZN) | that day | +4.88% | still updating |
| Amazon Com (AMZN) | three days earlier | +5.97% | final price |
| Amazon Com (AMZN) | five days earlier | +3.66% | final price |
| Spdr Series Trust (XRT) | that day | +2.16% | still updating |
| Spdr Series Trust (XRT) | three days earlier | -2.24% | final price |
| Spdr Series Trust (XRT) | five days earlier | -1.50% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 31 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Jonathan Jackson sold Walmart (WMT) (jointly held), worth $50,001 - $100,000 on 28 Sep 2026. That is 35 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 38 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Pete Sessions sold Amazon Com (AMZN), worth $15,001 - $50,000 on 27 Oct 2026. That is 6 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Amazon Com (AMZN) (held by a spouse), worth $100,001 - $250,000 on 2 Oct 2026. That is 31 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Amazon Com (AMZN) (held by a spouse), worth $1,001 - $15,000 on 28 Aug 2026. That is 66 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Pete Sessions sold Costco Wholesale (COST), worth $100,001 - $250,000 on 13 Oct 2026. That is 20 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Costco Wholesale (COST) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 31 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Costco Wholesale (COST) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 38 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Target (TGT) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 59 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Spdr Series Trust (XRT)
Companies mentioned with this story
- XRT Spdr Series Trust
For “Schwab Q4 Retail Client Sentiment Report: Investors Turn More Bearish on the U.S. Stock Market but Confidence in Reaching Financial Goals Remains High,” Spdr Series Trust (XRT) is linked, with no stored direction, medium confidence. Reason on file: SPDR S&P Retail ETF: it holds retailers. Linked by “retail” (retail and consumer goods) in this story
- XLY Select Sector Spdr Tr
For “Schwab Q4 Retail Client Sentiment Report: Investors Turn More Bearish on the U.S. Stock Market but Confidence in Reaching Financial Goals Remains High,” Select Sector Spdr Tr (XLY) is linked, with no stored direction, medium confidence. Reason on file: Consumer Discretionary Select Sector SPDR: it holds retailers. Linked by “retail” (retail and consumer goods) in this story
- WMT Walmart
In “Schwab Q4 Retail Client Sentiment Report: Investors Turn More Bearish on the U.S. Stock Market but Confidence in Reaching Financial Goals Remains High,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): retailers move with shopper spending and import costs. Linked by “retail” (retail and consumer goods) in this story
- AMZN Amazon Com
For “Schwab Q4 Retail Client Sentiment Report: Investors Turn More Bearish on the U.S. Stock Market but Confidence in Reaching Financial Goals Remains High,” Amazon Com (AMZN) is linked, with no stored direction, medium confidence. Reason on file: Amazon.com (catalog and mail-order houses): retailers move with shopper spending and import costs. Linked by “retail” (retail and consumer goods) in this story
- COST Costco Wholesale
Costco Wholesale (COST) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Schwab Q4 Retail Client Sentiment Report: Investors Turn More Bearish on the U.S. Stock Market but Confidence in Reaching Financial Goals Remains High.” Reason on file: Costco Wholesale (variety stores): retailers move with shopper spending and import costs. Linked by “retail” (retail and consumer goods) in this story
- TGT Target
For “Schwab Q4 Retail Client Sentiment Report: Investors Turn More Bearish on the U.S. Stock Market but Confidence in Reaching Financial Goals Remains High,” Target (TGT) is linked, with no stored direction, medium confidence. Reason on file: Target (variety stores): retailers move with shopper spending and import costs. Linked by “retail” (retail and consumer goods) in this story
Spdr Series Trust (XRT)
“Schwab Q4 Retail Client Sentiment Report: Investors Turn More Bearish on the U.S. Stock Market but Confidence in Reaching Financial Goals Remains High” (2 Nov 2026) reaches Spdr Series Trust (XRT) through this story.
Spdr Series Trust (XRT) is on the page because SPDR S&P Retail ETF: it holds retailers. Linked by “retail” (retail and consumer goods) in this story
Select Sector Spdr Tr (XLY) is here too. Its reason reads: Consumer Discretionary Select Sector SPDR: it holds retailers. Linked by “retail” (retail and consumer goods) in this story
Price levels for Spdr Series Trust (XRT)
WMT traded between 103.39 and 124.28 across 20 sessions. The latest close on file is 123.51. XLY traded between 110.58 and 116.77 across 19 sessions. The latest close on file is 115.38.
A simple score for Spdr Series Trust (XRT)
46 out of 100Price not final
“Schwab Q4 Retail Client Sentiment Report: Investors Turn More Bearish on the U.S. Stock Market but Confidence in Reaching Financial Goals Remains High” scores 46 out of 100. The score uses 1 sources, and 6 linked companies. The price is not final yet.