Household net worth climbed by more than $7tn in the April-to-June period thanks mostly to a$5.5tn increase in the value of stock market holdings, the Fed said.US household wealth rose to a record $176.3tn (£129.9tn) in the second quarter on the back of a resurgent stock market and climbing property prices, data from the Federal Reserve showed on Thursday.James Knightley, at ING, said: “Inflation was a touch higher than expected and tariffs are likely to keep it elevated over coming months, but the weakeni ...