US Household Worth Climbs to Fresh Record on Stock Market Rally

Pedestrians outside the New York Stock Exchange.

Photographer: Michael Nagle/Bloomberg

US household wealth rose in the third quarter to a fresh record as the stock market continued to rally.

Household net worth climbed nearly $6.1 trillion from the prior quarter to $181.6 trillion, a Federal Reserve report showed Friday. The value of Americans’ equity holdings increased $5.5 trillion.