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Americans Pour More Money Into Stocks Than Ever Before, But Top 10% Hold 90% Of Wealth
Monday, June 24, 2024 - 11:44am | 361U.S. households’ stock allocations hit an all-time high in 2024’s first quarter as technology stocks have propelled the SPDR S&P 500 ETF Trust (NYSE:SPY) and the NASDAQ Invesco QQQ ETF (NASDAQ:QQQ) to all-time highs. The Data: According to data from the Federal Reserve Bank of St....