Americans Have Jumped Back Into the Stock Market
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Many Americans haven’t been scared off by the intense volatility in the stock market over the past year.
The share of U.S. adults who say they own stocks hit 61% in a recent Gallup survey, the highest level since 2008.
After the 2008 financial crisis, stock ownership fell and stayed low for a decade, according to the firm. “Many potential investors missed out on the recovery in stock values that peaked when the Dow Jones Industrial Average set a record daily closing price in January 2022,” the firm said.