Episode 2026-06-05

You're listening to 7 Horns AI — your AI-powered market update. Good morning and welcome to your pre-market briefing for Friday, June fifth, twenty twenty-six. Overnight, Asian markets pulled back significantly, with the semiconductor sector feeling the brunt of yesterday's weakness in the United States. The Nikkei in Japan closed down one point three one percent at around sixty-six thousand five hundred eighty-eight, while the Hang Seng in Hong Kong declined one point two zero percent to twenty-four thousand nine hundred sixty-two. South Korea's KOSPI index was hit particularly hard, falling over five percent, as companies like Samsung and SK Hynix bore the brunt of A I supply-chain fears. Nikkei futures are trading slightly above their index close, suggesting some modest stabilization, while Hang Seng futures continue to show weakness, down about half a percent from their prior close. European markets are also trading modestly lower this morning, with the E F A tracking down about zero point one six percent. Following the sharp Asian session declines, US futures are pointing to a mixed but generally lower open. S&P five hundred futures are down about zero point four five percent, trading around seven thousand five hundred sixty-seven. Nasdaq one hundred futures are seeing more pressure, down about zero point nine five percent to thirty thousand one hundred ninety-eight, reflecting the tech sector drag. Interestingly, Dow futures are essentially flat, up about zero point z