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The Wall Street Journal–Stocks’Fastest-Growing Sector Black Investors

Black Americans are the fastest-growing group of stock buyers, with young Black investors fueling the surge. Nearly 40% of Black Americans owned stocks in 2022, upfrom just under one-third in2016, according to the most recent Federal Reserve data. During that same period, the share of white households with stocks grew to nearly two-thirds, up from 61%.

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