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Mon, March 30

Buoyant stocks lift U.S. household wealth, mainly for affluent

A rising stock market lifted U.S. household wealth to a record $106.9 trillion in the April-June quarter, and the value of Americans' stock and mutual fund portfolios rose $800 billion last quarter, while home values increased $600 billion, the Federal Reserve said Thursday. (Elise Amendola/AP)

A rising stock market lifted U.S. household wealth to a record $106.9 trillion in the April-June quarter, and the value of Americans' stock and mutual fund portfolios rose $800 billion last quarter, while home values increased $600 billion, the Federal Reserve said Thursday. (Elise Amendola/AP)

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