Discount brokers surge premarket after report Schwab in talks to buy TD Ameritrade

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Discount brokers surge premarket after report Schwab in talks to buy TD Ameritrade
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The discount-brokerage sector rose in premarket trading Thursday after CNBC reported Charles Schwab was in talks to buy TD Ameritrade. TD Ameritrade surged...

The discount-brokerage sector rose in premarket trading Thursday after CNBC reported Charles Schwab SCHW, +0.79% was in talks to buy TD Ameritrade. TD Ameritrade AMTD, +1.82% surged 21%, Interactive Brokers IBKR, +0.

77% rose 3.3%, and E-Trade ETFC, +1.91% rose 6.8%. Schwab fell 1.7%.
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