The net worth of households and non-profit groups rose about $200 billion to $169.4 trillion in the fourth quarter of last year, the U.S. central bank said in its quarterly U.S. financial accounts report, as a drop in the value of real estate trimmed gains from equities. Stock market holdings, the biggest component of household net worth, rose about $300 billion to $56 trillion in value, while household real estate, the second-biggest component, fell about $400 billion to $48.1 trillion. The S&P 1500 Composite index, which encompasses the vast majority of the U.S. stock market, gained 2.1% in the fourth quarter of 2024.
Bitcoin, S&P 500 Struggle Below Key Technical Level in Sign of Further BTC Price Drops
Short-term bitcoin holders have sold over 100,000 BTC since February.
As Wall Street Gets Worried, Retail Crowd Keeps Buying US Stocks
(Bloomberg) -- Even as Donald Trump’s trade war sends the US stock market hurtling toward a correction, the individual investors who rode the bull run to record highs haven’t yet given up their faith.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionNYC Congestion Pricing Toll Gains Support Among City ResidentsOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s Pennsylvania Hospital
Generali, Deutsche Bank and Deliveroo: The company news moving the markets
Strong results from Italy’s Generali Group and British Deliveroo, as well as the declining profit of Hugo Boss, were shaping the European market landscape on Thursday.View on euronews
Gold Jumps to New Record, for Now Winning Debate Against Bitcoin as Risk-Off Asset
The yellow metal has risen as stocks (and bitcoin) have crumbled over the past few weeks.
Mortgage and refinance rates today, March 13, 2025: Rates increase in response to inflation
These are today's mortgage and refinance rates. Inflation has slowed. Mortgage rates often increase when the economy is in a good place. Lock in your rate today.
Mortgage rates barely budge despite a wild week for financial markets
Mortgage rates barely moved despite a volatile few days in the stock market. The average rate on a 30-year loan stood at 6.65%, according to Freddie Mac.
Chipotle, Shake Shack, and other fast-casual food stocks tank, but the sell-off may be overdone
The fast-casual restaurant industry is hanging in there amid rising recession fears.
Fed, breaking with practice, has yet to report 2024 financial results
The Federal Reserve has broken this year with its long-standing practice of releasing an annual preview of its finances for the preceding year. The U.S. central bank has released a preliminary statement detailing its annual profit or loss in early January since at least 2006, but has yet to release the numbers for 2024. A Fed spokesperson said the audited version of the financial statement will be released later this month.
Sunnova Stock Hits All-Time Low on Report Solar Firm May File for Bankruptcy
Sunnova Energy International reportedly is looking to restructure its debt, and that may include filing for bankruptcy protection.