Episode 2026-05-23

You're listening to Seven Horns A I — your A I-powered market update. Good morning, and welcome to our weekend market review for Saturday, May twenty-third, twenty twenty-six. We begin our look back at the week that was, where U S equities continued their resilient run. Friday's session capped off the S&P five hundred's impressive eighth consecutive weekly gain, marking its longest winning streak since December twenty twenty-three. The benchmark index advanced zero point three seven percent on Friday, with the Dow Jones Industrials climbing zero point five eight percent and the Nasdaq Composite moving higher by zero point one nine percent. This sustained rally has been largely fueled by robust tech and artificial intelligence earnings, alongside a backdrop of easing Treasury yields. The ten-year yield finished the week at four point five five eight percent, down two point six basis points on Friday, contributing to eight straight weeks of either declining or stable yields, providing a significant tailwind for stocks. Geopolitical developments also played a role, with progress in U S-Iran peace negotiations providing a risk-on tone that saw gold edge lower. However, concerns about the Strait of Hormuz and Iran's uranium enrichment persist, keeping energy uncertainty in focus. Internationally, the picture was mixed but largely positive, with Japan's Nikkei surging two point six eight percent to a new record close on Friday, reflecting strong regional tech performance. However,