US Household Worth Climbs to Fresh Record on Stock Market Rally
Pedestrians outside the New York Stock Exchange.
Photographer: Michael Nagle/BloombergUS 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.