【American household wealth rises to record high, benefiting from stock market surge】Golden Finance reports that, driven by the stock market surge before the U.S. presidential election, American household wealth reached a record high in the third quarter. A report released by the Federal Reserve on Thursday showed that household net worth increased by nearly $4.8 trillion, growing 2.9% from the previous quarter, reaching $168.8 trillion. The value of Americans' stock holdings increased by $3.8 trillion, while the value of real estate decreased by nearly $200 billion. In the third quarter, investors benefited from the stock market rise, as the market then anticipated interest rate cuts by the Federal Reserve and Donald Trump's return to the White House next year. Since Trump won the election on November 5, the S&P 500 index has climbed to a new high, as the market expects the elected president to implement business-friendly policies.