Discount brokerage firms got a boost from Friday’s stronger-than-expected jobs report. Shares of E*Trade Financial Corp. and Charles Schwab Corp. were among the top gainers in the S&P 500 stock index, with E*Trade rising 1.4% to $46.15 a share, and Schwab climbing 41 cents to $40.86. Job growth indirectly bolsters brokerage firms because...

Source: Wall Street Journal July 05, 2019 16:07 UTC