Stock market drives U.S. households to record wealth

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 92%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Fed data also points to a rebound in property values

A surging stock market powered U.S. household wealth to a record high of more than $154 trillion in the second quarter, aided by a rebound in property values, Federal Reserve data out on Friday showed.

The data showed households have fully recouped the wealth losses generated by a crushing bear market for stocks and weaker real estate values through much of last year as the Fed kicked off an aggressive campaign to rein inflation through large, rapid-fire interest rate increases. Real estate was the other large driver, with property values rising for first time since the second quarter of 2022, contributing $2.5 trillion to the increase in net worth.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 5. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

US futures fall with Fed's next move in focus: Stock market news todayStock futures pointed lower on Thursday amid building signs the US economy could be running hot.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Stocks tumble with Fed's next move in focus, Apple losses deepen: Stock market news todayStocks were lower on Thursday amid building signs the US economy could be running hot.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Nasdaq sinks as Apple losses deepen, Fed's next move in focus: Stock market news todayStocks were lower on Thursday amid building signs the US economy could be running hot.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Nasdaq tumbles as Apple losses deepen, Fed's next move in focus: Stock market news todayStocks were lower on Thursday amid building signs the US economy could be running hot.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

US futures slip as Fed officials hint at rate respite: Stock market news todayStock futures inched down on Friday, with those on the Nasdaq 100 pointing lower even as Apple's slump took a breather.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Stocks rise at the open as Fed officials hint at rate respite: Stock market news todayStocks stepped higher on Friday, with the Nasdaq gaining as Apple's shares recovered from a two-day slump.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »