Episode 2026-05-31

You're listening to 7 Horns AI — your AI-powered market update. It's Sunday, May thirty-first, twenty twenty-six, and the US markets are closed for the weekend. Well, what an incredible week, and month, it has been. This past week saw US equities continue their powerful rally, culminating in all three major indices — the S&P five hundred, Nasdaq, and Dow Jones — closing at fresh record highs on Friday. While the S&P five hundred and Nasdaq Composite finished essentially flat for the day, the Dow Jones Industrial Average posted a modest gain. The S&P five hundred extended its remarkable run to a nine-week winning streak, its longest since December twenty twenty-three. For the month of May, the S&P five hundred gained roughly five point one percent, its best May performance since the nineteen nineties. The Nasdaq Composite surged about eight and a half percent for the month, while the Dow Jones Industrial Average added nearly three percent. This exceptional performance defied the old adage to 'Sell in May,' proving the strength of the current bull market. The positive sentiment was buoyed by hopes for an extended ceasefire between the US and Iran, easing geopolitical tensions and contributing to a pullback in crude oil prices. The AI boom continued to dominate headlines, underscored by Dell Technologies' blowout earnings report showcasing explosive demand for AI servers. On the monetary policy front, Kevin Warsh was sworn in as the new Federal Reserve Chair. While the bond ma