Episode 2026-05-24

You're listening to Seven Horns A I — your A I-powered market update. Today is Saturday, May twenty-third, twenty twenty-six, and the U S markets are closed for the Memorial Day holiday weekend. This past week was another strong one for equities, marking the eighth consecutive winning week for all three major U S indices. On Friday, the S&P five hundred rose zero point three seven percent to finish at seven thousand four hundred seventy-three. The Dow Jones Industrial Average added zero point five eight percent, closing at fifty thousand five hundred seventy-nine, setting a new all-time record high. The Nasdaq Composite also edged higher, gaining zero point one nine percent to twenty-six thousand three hundred forty-three. Looking at Friday's session, markets opened modestly higher and held those gains throughout the day. There was no notable reversal or afternoon selloff, just a constructive grind higher into the long weekend. Small caps, as measured by the Russell two thousand, were a standout, jumping nearly one percent, boosted by moderating Treasury yields. We also saw some easing in geopolitical risk premiums, with gold falling zero point seven six percent and oil dipping one point one four percent as U S and Iran diplomatic signals reportedly improved. However, it’s worth noting that deeper macro readings continue to flag persistent inflation and ongoing geopolitical risks, with a University of Michigan survey showing U S consumer sentiment falling to a record low. I