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Young Black Americans are among the fastest-growing segments of stock-market investors. Nearly 40% of Black Americans owned stocks in 2022, up from just under a third in 2016, according to the most recent Federal Reserve data. During that same period, the share of white households with stocks grew to nearly two-thirds, up from 61%. This was all before the stock market’s 2023 rally.
Persons: Young Organizations: Black Americans
Young Black Americans Embrace the Stock Market
  + stars: | 2024-01-15 | by ( Oyin Adedoyin | Sanaa Rowser | ) www.wsj.com   time to read: 1 min
Young Black Americans are among the fastest-growing segments of stock-market investors. Nearly 40% of Black Americans owned stocks in 2022, up from just under a third in 2016, according to the most recent Federal Reserve data. During that same period the share of white households with stocks grew to nearly two-thirds, up from 61%. This was all before the stock market’s 2023 rally.
Persons: Young Organizations: Black Americans
Total: 2