for what could be a tough holiday season, there is some good news in there, with stocks at all-time highs your 401(k) is doing better than ever. fidelity says the average account balance is at a record $84,300. so on that note, come on, dow, 16,000. we are so close to 16,000 and we are just moments away from the opening bell. still to come, capital columnist david wessel will join to us tell us how long the wild ride could last. [ female announcer ] we give you relief from your cold symptoms. you give them the giggles. tylenol cold® helps relieve your worst cold and flu symptoms. but for everything we do, we know you do so much more. tylenol cold®.
quit acting all together. ireland baldwin says this, we sometimes let other tempers get the best of us. they are like wildfires something or someone can easily fuel the fire. do you agree with baldwin s daughter should everyone leave him alone. e-mail us at foxfriendsfirst@foxnews.com. we will read them later in the show. they have reached a record high. lauren simonetti from the fox business network has more on this news and top business stories. that s great news. excellent news. the dow noun 39 points shy of 16,000. it s 2013 continues to be a banner year it has been good for your 401 k, too. average 401 k balances reaching a record high of 84,300 in the third quarter up 11 percent from last year. most of the gains fueled by the stock market rise.
again, i think this is the 37th of the year, the close is above here where it is today the 37th record high close of the year so the stock market has been going in the direction of savers and investors who are investing in their 401(k). let me show you what fidelity says the average balance now is of the 12.6 million 401(k)s they have. record high $84,300. for the people who have been investing every month through their paychecks over ten years that average balance is now $223,100. we ve never seen those averages quite this high. it is i guess validation really of what you ve seen this year in the stock market, but i would caution that about half of americans are not invested in the stock market in any way. they do not have a 401(k), so for them it is the jobs market, that s the most important thing here. i expect we ll hear from janet yellen at her confirmation hearing today before the senate banking committee that she is still concerned about jobs in america. carol? christine we ll