{"id":1001445,"date":"2026-09-08T12:33:00","date_gmt":"2026-09-08T16:33:00","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-trading-activity-index-stax-score-dips-in-august\/"},"modified":"2026-09-08T12:33:00","modified_gmt":"2026-09-08T16:33:00","slug":"schwab-trading-activity-index-stax-score-dips-in-august","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-trading-activity-index-stax-score-dips-in-august\/","title":{"rendered":"Schwab Trading Activity Index\u2122: STAX Score Dips in August"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Schwab Trading Activity Index\u2122: STAX Score Dips in August<\/b><\/p>\n<p class=\"bwalignc\"><i>Schwab clients were selective in August, pushing the STAX score lower for the first time since April despite market gains.<\/i><\/p>\n<p>\nKey Takeaways:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nThe Schwab Trading Activity Index\u2122 (STAX) decreased to 57.50 in August, down from its score of 59.80 in July.<\/p>\n<\/li>\n<li>\nSchwab clients appeared to grow more selective in August, pushing the STAX score lower for the first time since April, even as the markets advanced.<\/p>\n<\/li>\n<li>\nOptions and ETF trading trends suggest clients sought diversified, defined-risk ways to stay exposed to the markets without fully rebuilding equity positions.<\/p>\n<\/li>\n<\/ul>\n<p>WESTLAKE, Texas&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe Schwab Trading Activity Index\u2122 (STAX) decreased to 57.50 in August, down from its score of 59.80 in July. The only index of its kind, the STAX is a proprietary, behavior-based index that analyzes retail investor stock positions and trading activity from Schwab\u2019s millions of client accounts to illuminate what investors were actually doing and how they were positioned in the markets each month.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260908494686\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260908494686\/en\/<\/a><\/p>\n<p>\n\u201cAugust trading activity suggests Schwab\u2019s retail clients were becoming more selective as markets recovered,\u201d said Joe Mazzola, Head Trading and Derivatives Strategist at Charles Schwab. \u201cRather than pulling back from the market, many appeared to rebalance, taking profits in high-beta software stocks after sharp rebounds while remaining engaged with growth and innovation leaders such as SpaceX (SPCX) and Nvidia (NVDA).\u201d<\/p>\n<p>\nEconomic data during the August STAX period showed signs of slowing, with the July nonfarm payrolls report released early in the month declining by 23,000 and second quarter gross domestic product (GDP) rising just 1.5% on a seasonally adjusted annual basis. Monthly inflation growth also moderated over the summer.<\/p>\n<p>\nOil prices fell early in August before rebounding as tensions reemerged in the Middle East. Treasury yields, which had been closely correlated with oil, climbed throughout the month and may have contributed to investors\u2019 caution. Hawkish remarks from Federal Reserve Chairman Kevin Warsh on the final afternoon of the STAX period sharply lifted September rate-hike odds, though the timing likely came too late to materially affect the overall August STAX score.<\/p>\n<p>\nThe S&amp;P 500 Index rose 2.96% during the August STAX period, its strongest gain since May, yet client activity softened, underscoring a more cautious tone beneath the headline market advance. ETF demand reinforced that message. Two ETFs ranked among the top five net-buys, and four appeared in the top 10, suggesting clients preferred broader, diversified exposure over adding concentrated single-stock positions.<\/p>\n<p>\nOptions activity pointed to a similar shift. Call buying remained strong, particularly in companies tied to tech-heavy ETFs. But compared with prior periods when put buying was more common as a downside hedge, August\u2019s options flow suggested investors were looking for defined-risk ways to stay exposed to the markets without fully rebuilding equity positions.<\/p>\n<p>\nAt the sector level, Industrials, Utilities, and Real Estate were the only S&amp;P 500 sectors to attract net buying from Schwab\u2019s retail clients in August, while Information Technology, Communication Services, and financials saw the largest net selling. From a demographic perspective, Gen X clients continued to lead net buying by age cohort, and self-directed traders remained much more skewed toward net buying when compared to self-identified investors.<\/p>\n<p>\nPopular names bought by Schwab clients during the period included:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nSpace Exploration Technologies Corp. (SPCX)<\/p>\n<\/li>\n<li>\nMicron Technology Inc. (MU)<\/p>\n<\/li>\n<li>\nNVIDIA Corp. (NVDA)<\/p>\n<\/li>\n<li>\nIntel Corp. (INTC)<\/p>\n<\/li>\n<li>\nAlphabet Inc. (GOOGL)<\/p>\n<\/li>\n<\/ul>\n<p>\nNames net sold by Schwab clients during the period included:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nPalantir Technologies Inc. (PLTR)<\/p>\n<\/li>\n<li>\nMicrosoft Corp. (MSFT)<\/p>\n<\/li>\n<li>\nServiceNow Inc. (NOW)<\/p>\n<\/li>\n<li>\nSalesforce Inc. (CRM)<\/p>\n<\/li>\n<li>\nOracle Corp. (ORCL)<\/p>\n<\/li>\n<\/ul>\n<p><b>About the STAX<\/b><\/p>\n<p>\nThe STAX value is calculated based on a complex proprietary formula. Each month, Schwab pulls a sample from its client base of millions of funded accounts, which includes accounts that completed a trade in the past month. The holdings and positions of this statistically significant sample are evaluated to calculate individual scores, and the median of those scores represents the monthly STAX.<\/p>\n<p>\nFor more information on the Schwab Trading Activity Index, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.schwab.com%2Finvestment-research%2Fstax&amp;esheet=54598712&amp;newsitemid=20260908494686&amp;lan=en-US&amp;anchor=www.schwab.com%2Finvestment-research%2Fstax&amp;index=1&amp;md5=aedf2045f71f88210083819d8fb63c02\">www.schwab.com\/investment-research\/stax<\/a>. Additionally, Schwab clients can chart the STAX using the symbol $STAX in either the thinkorswim<sup>\u00ae<\/sup> or thinkorswim Mobile platforms.<\/p>\n<p><i>Investing involves risk, including loss of principal. Past performance is no guarantee of future results.<\/i><\/p>\n<p><i>Content intended for educational\/informational purposes only. Not investment advice, or a recommendation of any security, strategy, or account type.<\/i><\/p>\n<p><i>Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Please read the Options Disclosure Document titled &#8220;<\/i><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.theocc.com%2FCompany-Information%2FDocuments-and-Archives%2FOptions-Disclosure-Document&amp;esheet=54598712&amp;newsitemid=20260908494686&amp;lan=en-US&amp;anchor=Characteristics+and+Risks+of+Standardized+Options&amp;index=2&amp;md5=bc98df5c0624f137009ba61fcd28f3c4\"><i>Characteristics and Risks of Standardized Options<\/i><\/a><i>&#8221; before considering any option transaction.<\/i><\/p>\n<p><i>Historical data should not be used alone when making investment decisions. Please consult other sources of information and consider your individual financial position and goals before making an independent investment decision.<\/i><\/p>\n<p><i>The STAX is not a tradable index. The STAX should not be used as an indicator or predictor of future client trading volume or financial performance for Schwab.<\/i><\/p>\n<p><b>About Charles Schwab<\/b><\/p>\n<p>\nAt Charles Schwab, we believe in the power of investing to help individuals create a better tomorrow. We have a history of challenging the status quo in our industry, innovating in ways that benefit investors and the advisors and employers who serve them, and championing our clients\u2019 goals with passion and integrity.<\/p>\n<p>\nMore information is available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.aboutschwab.com%2F&amp;esheet=54598712&amp;newsitemid=20260908494686&amp;lan=en-US&amp;anchor=aboutschwab.com&amp;index=3&amp;md5=3f5c7e207dacc920ae365dc25b807da6\">aboutschwab.com<\/a>. Follow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.twitter.com%2FCharlesSchwab&amp;esheet=54598712&amp;newsitemid=20260908494686&amp;lan=en-US&amp;anchor=X&amp;index=4&amp;md5=82045f30c9ada638b523b1ad23e9059b\">X<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.facebook.com%2FCharlesSchwab&amp;esheet=54598712&amp;newsitemid=20260908494686&amp;lan=en-US&amp;anchor=Facebook&amp;index=5&amp;md5=fbac2ea721e7137c53b573430d39610f\">Facebook<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.youtube.com%2F%40charlesschwab&amp;esheet=54598712&amp;newsitemid=20260908494686&amp;lan=en-US&amp;anchor=YouTube&amp;index=6&amp;md5=80ae7a741aea34cad50ce6b1fecfb269\">YouTube<\/a>, and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fcharles-schwab&amp;esheet=54598712&amp;newsitemid=20260908494686&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=7&amp;md5=324243941afcb4cb692e2bf22d7d66ba\">LinkedIn<\/a>.<\/p>\n<p>\n0926-49L0<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260908494686r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260908494686\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260908494686\/en\/<\/a><\/span><\/p>\n<p><b>MEDIA:<br \/>\n<\/b><br \/>Margaret Farrell<br \/>\n<br \/>Charles Schwab<br \/>\n<br \/>Phone: 203-434-2240<\/p>\n<p><b>KEYWORDS:<\/b> Texas United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Personal Finance Asset Management Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260908494686\/en\/372488\/3\/SCHW_logo-new_whitespace.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Schwab Trading Activity Index\u2122: STAX Score Dips in August Schwab clients were selective in August, pushing the STAX score lower for the first time since April despite market gains. Key Takeaways: The Schwab Trading Activity Index\u2122 (STAX) decreased to 57.50 in August, down from its score of 59.80 in July. Schwab clients appeared to grow more selective in August, pushing the STAX score lower for the first time since April, even as the markets advanced. Options and ETF trading trends suggest clients sought diversified, defined-risk ways to stay exposed to the markets without fully rebuilding equity positions. WESTLAKE, Texas&#8211;(BUSINESS WIRE)&#8211; The Schwab Trading Activity Index\u2122 (STAX) decreased to 57.50 in August, down from its score of 59.80 in July. The &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-trading-activity-index-stax-score-dips-in-august\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Schwab Trading Activity Index\u2122: STAX Score Dips in August&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1001445","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Schwab Trading Activity Index\u2122: STAX Score Dips in August - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-trading-activity-index-stax-score-dips-in-august\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Schwab Trading Activity Index\u2122: STAX Score Dips in August - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Schwab Trading Activity Index\u2122: STAX Score Dips in August Schwab clients were selective in August, pushing the STAX score lower for the first time since April despite market gains. Key Takeaways: The Schwab Trading Activity Index\u2122 (STAX) decreased to 57.50 in August, down from its score of 59.80 in July. Schwab clients appeared to grow more selective in August, pushing the STAX score lower for the first time since April, even as the markets advanced. Options and ETF trading trends suggest clients sought diversified, defined-risk ways to stay exposed to the markets without fully rebuilding equity positions. WESTLAKE, Texas&#8211;(BUSINESS WIRE)&#8211; The Schwab Trading Activity Index\u2122 (STAX) decreased to 57.50 in August, down from its score of 59.80 in July. The &hellip; Continue reading &quot;Schwab Trading Activity Index\u2122: STAX Score Dips in August&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-trading-activity-index-stax-score-dips-in-august\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-08T16:33:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260908494686r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-trading-activity-index-stax-score-dips-in-august\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-trading-activity-index-stax-score-dips-in-august\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Schwab Trading Activity Index\u2122: STAX Score Dips in August\",\"datePublished\":\"2026-09-08T16:33:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-trading-activity-index-stax-score-dips-in-august\\\/\"},\"wordCount\":952,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-trading-activity-index-stax-score-dips-in-august\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20260908494686r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-trading-activity-index-stax-score-dips-in-august\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-trading-activity-index-stax-score-dips-in-august\\\/\",\"name\":\"Schwab Trading Activity Index\u2122: STAX Score Dips in August - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-trading-activity-index-stax-score-dips-in-august\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-trading-activity-index-stax-score-dips-in-august\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20260908494686r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"datePublished\":\"2026-09-08T16:33:00+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-trading-activity-index-stax-score-dips-in-august\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-trading-activity-index-stax-score-dips-in-august\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-trading-activity-index-stax-score-dips-in-august\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20260908494686r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"contentUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20260908494686r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/schwab-trading-activity-index-stax-score-dips-in-august\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Schwab Trading Activity Index\u2122: STAX Score Dips in August\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Schwab Trading Activity Index\u2122: STAX Score Dips in August - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-trading-activity-index-stax-score-dips-in-august\/","og_locale":"en_US","og_type":"article","og_title":"Schwab Trading Activity Index\u2122: STAX Score Dips in August - Market Newsdesk","og_description":"Schwab Trading Activity Index\u2122: STAX Score Dips in August Schwab clients were selective in August, pushing the STAX score lower for the first time since April despite market gains. Key Takeaways: The Schwab Trading Activity Index\u2122 (STAX) decreased to 57.50 in August, down from its score of 59.80 in July. Schwab clients appeared to grow more selective in August, pushing the STAX score lower for the first time since April, even as the markets advanced. Options and ETF trading trends suggest clients sought diversified, defined-risk ways to stay exposed to the markets without fully rebuilding equity positions. WESTLAKE, Texas&#8211;(BUSINESS WIRE)&#8211; The Schwab Trading Activity Index\u2122 (STAX) decreased to 57.50 in August, down from its score of 59.80 in July. The &hellip; Continue reading \"Schwab Trading Activity Index\u2122: STAX Score Dips in August\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-trading-activity-index-stax-score-dips-in-august\/","og_site_name":"Market Newsdesk","article_published_time":"2026-09-08T16:33:00+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260908494686r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-trading-activity-index-stax-score-dips-in-august\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-trading-activity-index-stax-score-dips-in-august\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Schwab Trading Activity Index\u2122: STAX Score Dips in August","datePublished":"2026-09-08T16:33:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-trading-activity-index-stax-score-dips-in-august\/"},"wordCount":952,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-trading-activity-index-stax-score-dips-in-august\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260908494686r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-trading-activity-index-stax-score-dips-in-august\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-trading-activity-index-stax-score-dips-in-august\/","name":"Schwab Trading Activity Index\u2122: STAX Score Dips in August - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-trading-activity-index-stax-score-dips-in-august\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-trading-activity-index-stax-score-dips-in-august\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260908494686r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","datePublished":"2026-09-08T16:33:00+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-trading-activity-index-stax-score-dips-in-august\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/schwab-trading-activity-index-stax-score-dips-in-august\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-trading-activity-index-stax-score-dips-in-august\/#primaryimage","url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260908494686r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","contentUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260908494686r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/schwab-trading-activity-index-stax-score-dips-in-august\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Schwab Trading Activity Index\u2122: STAX Score Dips in August"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/1001445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=1001445"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/1001445\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=1001445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=1001445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=1001445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}