Episode 2026-05-29

You're listening to Seven Horns A.I. — your A.I.-powered market update. It's Thursday, May twenty-eighth, twenty twenty-six, and the closing bell has just rung on Wall Street, marking the end of today's trading session. US equities closed the day on a strong note, with the S&P five hundred advancing by zero point five seven percent to finish at seventy-five hundred sixty-three. The Nasdaq Composite advanced, adding zero point nine one percent to reach twenty-six thousand nine hundred seventeen. Both the S&P five hundred and the Nasdaq carved out fresh all-time highs today. The Dow Jones Industrial Average, however, remained largely subdued, ticking up just zero point zero five percent to close at fifty thousand six hundred sixty-eight. The market opened modestly lower this morning, initially weighed down by a hotter-than-expected inflation report – April's core P.C.E. reading came in at three point eight percent year-over-year, its highest in nearly three years – alongside renewed geopolitical tensions in the Middle East. The Dow was down about six-tenths of a percent at the open, while the S&P five hundred and Nasdaq also edged lower. But that dip was aggressively bought, especially in technology names. By midday, the Nasdaq had flipped to an eight-tenths of a percent gain, and the S&P five hundred was up by over half a percent. Both indices held those gains into the close, making it a classic "risk-on" rotation day, as investors leaned into the A.I. and cloud growth narra