Market update: CSX, NEM, SCHW, UL, HUBS

What happened: On June 12, 2026, The Charles Schwab Corporation (NYSE:SCHW) reported a 43% year-over-year increase in core net new assets to $49.9B, a record for the month of May. Jefferies maintained a 'Buy' rating on Newmont Corporation (NYSE:NEM) with a lowered price target of $146. Newell Brands (NASDAQ:NWL) stock surged over 5% due to increased short covering. CSX Corporation (NASDAQ:CSX) maintained its quarterly dividend at $0.14 per share.

Market impact: The positive earnings and analyst upgrades boosted investor confidence in financial services (SCHW), mining (NEM), and industrial (CSX) sectors. Newell Brands' (NWL) stock price increase was driven by short covering, indicating a potential shift in investor sentiment towards the company.

What to watch next: Charles Schwab's (SCHW) Q2 earnings on July 19, 2026, will provide further insight into its growth trajectory. Newmont Corporation's (NEM) production update on August 3, 2026, may influence its stock price. Newell Brands' (NWL) Q2 earnings on August 1, 2026, will be crucial to sustaining its recent momentum.