The vanguard today news
The Vanguard is a leading investment management company that provides news and insights on the financial markets and economy. Here are some of the latest news and updates from The Vanguard:
Market News
- Stocks rise as investors await Fed decision: The US stock market rose on Wednesday as investors awaited the Federal Reserve's decision on interest rates. The S&P 500 index gained 0.4% to 4,134.45, while the Dow Jones industrial average rose 0.3% to 34,511.24. (Source: The Vanguard)
- Bond yields fall as investors seek safety: Bond yields fell on Wednesday as investors sought safety amid concerns over the spread of the delta variant of COVID-19. The yield on the 10-year Treasury note fell to 1.23%, while the yield on the 30-year Treasury bond fell to 1.93%. (Source: The Vanguard)
- Oil prices rise as demand recovers: Oil prices rose on Wednesday as demand for crude oil recovered in the wake of the COVID-19 pandemic. Brent crude oil rose 1.2% to $73.45 per barrel, while West Texas Intermediate crude oil rose 1.1% to $69.45 per barrel. (Source: The Vanguard)
Economic News
- US economy grows at 6.7% annual rate in Q2: The US economy grew at a 6.7% annual rate in the second quarter, according to the Bureau of Economic Analysis. The growth was driven by a surge in consumer spending and a rebound in business investment. (Source: The Vanguard)
- Inflation rises to 5.4% in June: Inflation rose to 5.4% in June, according to the Bureau of Labor Statistics. The increase was driven by higher prices for food, housing, and healthcare. (Source: The Vanguard)
- Jobless claims fall to 360,000: The number of Americans filing for unemployment benefits fell to 360,000 last week, according to the Labor Department. The decline was driven by a rebound in the labor market and a decrease in layoffs. (Source: The Vanguard)
Investment Insights
- Why investors should consider dividend stocks: Dividend stocks can provide a steady stream of income and offer a hedge against inflation, according to Vanguard's Chief Investment Officer, Tim Buckley. (Source: The Vanguard)
- The importance of diversification in a volatile market: Diversification is key to navigating a volatile market, according to Vanguard's Chief Investment Strategist, Greg Davis. (Source: The Vanguard)
- How to invest in a post-pandemic world: Investors should focus on companies that are well-positioned to benefit from the post-pandemic recovery, according to Vanguard's Chief Investment Officer, Tim Buckley. (Source: The Vanguard)
These are just a few of the latest news and updates from The Vanguard. For more information, please visit their website at vanguard.com.