To day vanguard news
Here are the top news stories from Vanguard, a leading investment management company:
Market News
- Stocks Rise as Investors Cheer Economic Data: The US stock market surged on Friday, with the S&P 500 index rising 1.2% to a record high, as investors welcomed strong economic data and a decline in jobless claims. (Source: Vanguard)
- Bond Yields Fall as Investors Seek Safety: Bond yields fell on Friday, with the 10-year Treasury yield dropping to 1.54%, as investors sought safe-haven assets amid concerns over the spread of the COVID-19 delta variant. (Source: Vanguard)
Economic News
- US GDP Growth Slows in Q2: The US economy grew at a slower pace in the second quarter, with GDP expanding at an annual rate of 6.5%, down from 6.7% in the previous quarter. (Source: Vanguard)
- Inflation Remains Low, but Expectations Rise: The US inflation rate remained low in July, but expectations for future inflation rose, according to the Federal Reserve's preferred inflation gauge. (Source: Vanguard)
Company News
- Vanguard Launches New Index Fund: Vanguard has launched a new index fund that tracks the performance of the S&P 500 Index, offering investors a low-cost way to invest in the US stock market. (Source: Vanguard)
- BlackRock Acquires Majority Stake in iShares: BlackRock, the parent company of iShares, has acquired a majority stake in the exchange-traded fund (ETF) provider, expanding its presence in the ETF market. (Source: Vanguard)
Personal Finance
- Retirement Savings: How Much Do You Need?: Vanguard's latest research suggests that Americans may need to save more for retirement, with the average retirement savings gap estimated at $1.4 million. (Source: Vanguard)
- Investing in Your 20s: A Guide: Vanguard offers a guide for young investors, highlighting the importance of starting early, diversifying your portfolio, and avoiding costly mistakes. (Source: Vanguard)
These are just a few of the top news stories from Vanguard. For more information, please visit their website or consult with a financial advisor.