IPOs, household wealth and unemployment benefits
The Federal Reserve said on Monday household wealth increased $1.9 trillion to $77.3 trillion in the third quarter, the highest level since records started in 1945. It was the ninth straight quarter of increases.
A Labor Department report showed the number of people still receiving benefits under regular state programs after an initial week of aid fell 91,000 to 2.78 million in the week ended Nov. 16. That was the lowest level since January 2008.
This year, 31 companies have sold their shares to the public for the first time, a 72% increase from this point in 2013.
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