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Washington - Stock Market Lifts US Household Wealth To $98.7 Trillion

Mar 08, 2018 at 04:31 PM

Washington - A soaring U.S. stock market and healthy home price gains lifted Americans' net worth to $98.7 trillion in the final three months of last year, a gain that could lift household spending. The Federal Reserve says the value of U.S. stock portfolios jumped $1.3 trillion in the October-December quarter compared with the previous three months. Home values, which make up the bulk of...

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