Vanguard business news today

Here are some of the top business news stories from Vanguard today:

Market Updates

• The S&P 500 index fell 0.4% to 4,134.19, led by declines in technology and healthcare stocks.
• The Dow Jones Industrial Average dropped 0.3% to 34,447.85.
• The Nasdaq Composite lost 0.5% to 13,543.15.

Economic News

• The U.S. economy added 379,000 jobs in February, exceeding expectations and marking the 12th consecutive month of job growth.
• The unemployment rate fell to 6.2%, the lowest level since February 2020.
• The Institute for Supply Management (ISM) reported that the U.S. manufacturing sector expanded in February, with a reading of 58.7, up from 58.2 in January.

Company News

• Amazon (AMZN) announced a 20-for-1 stock split, which will make its stock more accessible to individual investors.
• Tesla (TSLA) reported a surprise profit in the fourth quarter, driven by strong demand for its electric vehicles.
• Johnson & Johnson (JNJ) announced that it will pause the rollout of its COVID-19 vaccine in the U.S. due to a rare blood clotting disorder.

Industry News

• The Federal Reserve announced that it will keep interest rates unchanged and continue to support the economy through its bond-buying program.
• The European Union and the United Kingdom reached a deal on trade and security cooperation, marking a major step forward in their post-Brexit relationship.
• The International Energy Agency (IEA) warned that the global energy market is facing a "perfect storm" of challenges, including a surge in demand and supply disruptions.

Vanguard News

• Vanguard announced that it will launch a new actively managed ETF, the Vanguard U.S. Factor ETF, which will track a portfolio of U.S. stocks selected based on their value, size, and momentum.
• The company also reported that its assets under management reached a record $7.5 trillion in February.

These are just some of the top business news stories from Vanguard today. Please note that the news and market data are subject to change and may not reflect the current market situation.