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Stock market losses wipe out $9 trillion from Americans' wealth

Por: CNBC Business September 28, 2022

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watch nowVIDEO1:2601:26Shareholders lose trillions of dollars in wealth this year as stock market sells offFalling stock markets have wiped out more than $9 trillion in wealth from U.S. households, putting more pressure on family balance sheets and spending.Americans' holdings of corporate equities and mutual fund shares fell to $33 trillion at the end of the second quarter, down from $42 trillion at the start of the year, according to data... + full article



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