Vanguard Fund Nudges Record High Amid Weaker US Jobs Report

The Vanguard FTSE All-World UCITS ETF USD Accumulation saw its net asset value surge after a weak US jobs report sent global markets higher.

The fund closed at EUR 171.38, up 0.6% on the day, and is now just 0.2% below its all-time peak of EUR 171.80, reached during the same session.

This rebound mirrors the wider market, with global stocks rising by 0.6%, US shares gaining ground, and European equities recovering as falling oil prices increased risk appetite.

The weak employment numbers reinforced expectations that the Federal Reserve will hold off on tightening monetary policy for now, providing a boost to the fund's performance.