American family wealth climbed to a record high thanks to the rise of the stock market. Driven by the rise of the stock market before the US presidential election, American family wealth reached a record high in the third quarter. According to a report released by the Federal Reserve on Thursday, household net assets increased by nearly 4.8 trillion US dollars, up 2.9% from the previous quarter, reaching 168.8 trillion US dollars. The value of American stock holdings increased by 3.8 trillion US dollars, while the value of real estate decreased by nearly 200 billion US dollars. In the third quarter, investors benefited from the stock market rally, as the market expected the Federal Reserve to cut interest rates and Donald Trump to return to the White House next year. Since Trump won the election on November 5, the S&P 500 index has climbed to a new high due to the market expectation that the president-elect will promulgate a pro-business policy.Market News: Russia has established direct contacts with the Political Committee of the Sharm el-Liberation Organization, and these contacts are constructive.US government audit: The FAA must take "urgent action" to modernize the air traffic control system after the shutdown in 2023.
Market News: Texas, USA, announced a draft legislation to establish a strategic bitcoin reserve.Market News: HSBC evaluates the retail banking business outside the UK and Hong Kong.The composite index of Athens Stock Exchange closed up 0.44% at 1464.03.
The previous crude oil futures 2401 contract closed up 1.51% at 545.40 yuan/barrel. Shanghai Gold closed down 0.59% and Shanghai Bank closed down 1.67%.Shell Ocean Company: It is estimated that in 2026, two wells of PERDIDO SPAR operated by Shell in the Gulf of Mexico will be put into production for the first time.Freddie Mac: mortgage interest rates dropped for three weeks to 6.60%.
Strategy guide 12-14
Strategy guide 12-14
Strategy guide 12-14
Strategy guide
12-14
Strategy guide 12-14
Strategy guide 12-14