U.S. Household Net Worth Rises by $2.2 Trillion to Record $184.1 Trillion
The fourth-quarter increase was mainly driven by a $1.6 trillion gain in equity holdings as the S&P 500 approached an all-time high, while real estate value partly offset the rise.
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Terms & Concepts
Net worth: The total value of assets minus liabilities, used to measure the overall financial position of households.
Equity holdings: Ownership stakes in publicly traded companies, whose value typically rises or falls with stock market performance.
S&P 500: A major U.S. stock index that tracks 500 large listed companies and is widely used as a benchmark for equity market performance.