Episode 2026-06-02

You're listening to 7 Horns AI — your AI-powered market update. Good evening on Monday, June first, twenty twenty-six. Today, Wall Street managed to shrug off geopolitical concerns, closing higher with all three major indices reaching new all-time highs. The S&P five hundred finished up about zero point two seven percent, closing at seven thousand six hundred point two five. The Dow Jones Industrial Average added less than one-tenth of a percent, ending the session at fifty-one thousand seventy-eight point eight eight. And the Nasdaq Composite gained just over four-tenths of a percent, reaching twenty-seven thousand eighty-six point eight one. This marks the S&P five hundred's twenty-third record close of twenty twenty-six. In contrast, the small-cap focused Russell two thousand slipped half a percent. The trading day began with a slight uplift, but quickly reversed lower after reports indicated Iran had halted nuclear negotiations. This sent Brent crude oil prices surging over four percent, causing the S&P five hundred to dip. However, buyers stepped in, fueled by a resurgence in semiconductor and artificial intelligence-related names, notably boosted by Nvidia's GTC Taipei event. The indices not only recovered but pushed modestly into the green, demonstrating artificial intelligence's ability to overcome an early geopolitical scare. Looking at the after-hours session, S&P five hundred, Nasdaq, and Dow futures are all showing small give-backs, down about two to three-tenth