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Wall Street Is Trading Near Record Highs. The Richest 1% Own More Than Half Of America's Stock Wealth.

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Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell, in New York City on October 5, 2026. Getty Images Wall Street entered a busy earnings week trading near record highs, but more than half of America's stock and mutual fund wealth is concentrated among the richest 1% of households, according to the latest Federal Reserve figures, highlighting the unequal ownership of financial assets as markets continue to climb. The wealthiest 1% held 50.

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