The richest 1% of families controlled a record-high 38.6% of the country's wealth in 2016, according to a Federal Reserve report published on Wednesday.
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| +56.39 | | +73.10 | | +10.20 | 22,340.71 | | 6,453.26 | | 2,507.04 | +0.25% | | +1.15% | | +0.41% | YTD +13.05% | | YTD +19.88% | | YTD +11.98% | | | |
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Biggest Winners | Micron Technology Inc | +8.51% | | Applied Materials Inc | +6.36% | | Lam Research Corp | +5.87% | | Cintas Corp | +5.81% | | Biggest Losers | SCANA Corp | -7.83% | | Delphi Automotive PLC | -4.20% | | Kimco Realty Corp | -3.72% | | Iron Mountain Inc | -3.12% | | | | | |
Hottest ETF | | | NYSE Market Volume | | | | | | |
Key Stats | Latest | Today's Change | | Oil | $52.08 | -0.06 / -0.12% | | Gold | $1,285.80 | -2.00 / -0.16% | | 10-yr | 2.31% | +0.08 / +3.59% | | Euro | $1.17 | -0.00 / -0.38% | | |
News: What you need to know about the markets | | | | Record inequality: The top 1% controls 38.6% of America's wealth
| The richest 1% of families controlled a record-high 38.6% of the country's wealth in 2016, according to a Federal Reserve report published on Wednesday. Read more » | | Who owns Puerto Rico's mountain of debt? You do
| President Trump said Puerto Rico owes billions to Wall Street and the banks that "must be dealt with." But most of Puerto Rico's $73 billion in debt is owned by mom-and-pop investors through mutual funds. Read more » | | Fumble! Nike's U.S. sales drop again
| Nike, the worst performer in the Dow in 2016, continues to struggle. Although sales were up in China, a drop in demand for the Swoosh's products in the U.S. are hurting Nike. Read more » | | Ryanair in retreat: Cancels more flights, drops Alitalia bid
| Ryanair has been forced to cancel more flights because of a pilot shortage, bringing the total number of passengers affected to 715,000. Read more » | | Is Trump trying to start a trade war with Canada?
| The United States has picked a big fight with a powerful trading partner: Canada. Read more » | | France-Germany rail merger aims to take on China
| French high-speed train manufacturer Alstom is merging with the transportation unit of Germany's Siemens to create a European giant. Read more » | | | | | | | |
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