People's Net Worth Is Up Since COVID-19: Here's Who Made The Most
Portfolio Pulse from Adam Eckert
Net worth of individuals has increased since the COVID-19 pandemic, largely due to stock market gains and property value increases. The top 1% saw the highest net worth increase of 22%. Household wealth hit record highs of $154.28 trillion last quarter, driven by a stock market rally and rebounding property values. The SPDR S&P 500 ETF Trust (NYSE:SPY) was up more than 12% since the start of the year, but has trended lower in recent months.

September 26, 2023 | 7:01 pm
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The SPDR S&P 500 ETF Trust (NYSE:SPY) was up more than 12% since the start of the year, but has trended lower in recent months.
The SPDR S&P 500 ETF Trust (NYSE:SPY) has seen a significant increase since the start of the year, but recent trends indicate a downward trajectory. This could potentially impact the ETF's short-term performance.
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