Global Business Week: The Extinction of Cash

The state of Financial markets & Economies, Weekly Charts, Business Trends & Statistics

Last week, the S&P 500 index had an impressive performance, marking its best weekly gain since November 2022. The latest monthly jobs report suggested that the Federal Reserve’s interest-rate raising campaign is effective. As a result, the S&P 500 gained 0.9% for the week, bringing its total gains this year to 14%.