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Latin Times
Latin Times
Business
Demian Bio

Unlocking Equity: Why Latino Families Lag Behind in Capitalizing on U.S. Stock Market Surge

The New York Stock Exchange (Credit: AFP)

The U.S. stock market has soared recently, with the S&P 500 -Wall Street's benchmark index- climbing over 8% so far this year and almost 33% throughout the past 12 months.

However, not all demographics have been able to seize the period, Latinos being the least likely group to do so. According to a new survey by the Pew Research Center, only 28% of Latino families owned publicly traded stocks in 2022, whether directly or indirectly.

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