KM Financial Solutions | U.S. household net worth rises to $109 trln ahead of stock rout
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U.S. household net worth rises to $109 trln ahead of stock rout

U.S. household net worth rises to $109 trln ahead of stock rout

U.S. households added nearly
$2.1 trillion to their wealth in the three months through
September, a sign that gains in stock markets were probably
supporting consumer spending before a recent market downturn,
Federal Reserve data showed on Thursday.

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