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Empresas y finanzas

U.S. household net worth rises to record $81.5 trillion


    WASHINGTON (Reuters) - U.S. household net worth hit a record high in the second quarter as the stock market continued its upward climb and property values rose.

    Net worth nudged up 1.7 percent to $81.5 trillion.

    The S&P 500 set another intraday record on Thursday, with the Federal Reserve continuing with a highly accommodative monetary policy for a recovering U.S. economy.

    U.S. household debt increased at an annual rate of 3.6 percent in the second quarter, excluding charge-offs of home mortgages, while federal debt rose at an annual rate of 2.5 percent.

    Total domestic non-financial debt rose at a 3.8 percent rate to $40.5 trillion.

    (Reporting by Michael Flaherty; Editing by Andrea Ricci)