The S&P 500 is echoing its 2021 setup, according to Morgan Stanley

The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. Greg Kaplan Disclosure Statement Greg Kaplan Current as of 24 June 2026 Current primary appointment: • Alvin H. Baum Professor, Kenneth C. Griffen Department of Economics and the College, University of Chicago…

Jim Ovia steps down as Zenith Bank chairman after 36 years, passing the torch to CEO Adaora Umeoji. When Jim Ovia founded Zenith Bank in July 1990 at age 38, with NGN 20 million (then about $2.5 million) in capital, Nigeria already had a rich history of indigenous banking institutions. National Bank of Nigeria (1933),…

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $90.05 during the early European trading hours on Friday. WTI tumbles as traders book some profits. However, the potential downside might be limited as the escalating conflicts in the Middle East reignite fears over global energy supplies. The US Central Command (CENTCOM) said on Friday that…

Nvidia (NVDA +0.25%) has held the position as the world’s biggest company since about a year ago, when it became the first to reach $4 trillion in market value. It soared past former leaders Apple (AAPL 2.11%) and Microsoft. But in recent days, Apple, which hasn’t climbed as much as its peers during the artificial…

We are exiting our position in Arm Holdings , selling are remaining 118 shares at roughly $303.46. Following Wednesday’s trade, Jim Cramer’s Charitable Trust will no longer own a position in ARM. We’re using the bounce in the artificial intelligence and semiconductor group on Wednesday to sell the rest of our small position in chip…