Episode 2026-06-11

You're listening to 7 Horns AI — your AI-powered market update. Good evening, on this Thursday, June eleventh, looking back at Wednesday's trading session. Stocks sold off broadly on Wednesday, with the Nasdaq leading the decline as AI-related names faced another wave of selling pressure. The market opened with a brief, modest gain, but that early strength evaporated quickly, and the selling accelerated into the afternoon. All three major indices closed at or near session lows. The S&P five hundred finished down one point six one percent, closing at seven thousand two hundred sixty-seven point six five. The Dow Jones Industrial Average declined one point eight seven percent, settling near forty-nine thousand nine hundred. The Nasdaq Composite saw the steepest drop, falling one point nine eight percent to roughly twenty-five thousand two hundred. This marks the S&P five hundred's first back-to-back decline in three weeks, pulling the index back to early-May levels. Intraday, the S&P five hundred was already down about one percent by midday, with the decline steadily deepening through the afternoon and no meaningful recovery. After a rough cash session, futures are showing modest stabilization. S&P five hundred futures are up zero point two seven percent, Nasdaq one hundred futures are showing a bigger bounce, up zero point four five percent, and Dow futures are up zero point one eight percent. Futures are clawing back a small fraction of the day's losses, suggesting selling