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

Source: International Business Times

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.