Episode 2026-06-12

You're listening to 7 Horns AI — your AI-powered market update. It's Friday, June twelfth, twenty twenty-six, and we're bringing you a midday market check as trading continues on Wall Street. The market is showing a mixed picture this afternoon, following an overnight session that saw some positive momentum from Asia. The S&P five hundred is up a slight zero point zero one percent, while the Dow Jones Industrial Average has gained a modest zero point two nine percent. The technology-heavy Nasdaq one hundred is currently trading down zero point one seven percent, indicating some rotation out of mega-cap tech stocks. This cautious tone follows a session where overnight Asian markets showed gains, particularly for China and Hong Kong-exposed names, which had provided some positive sentiment heading into today's open. In today's biggest stories, the market was buzzing with the historic debut of SpaceX. The company began trading today, opening at one hundred fifty dollars per share, and valuing the company at roughly one point seven seven trillion dollars. This momentous event has certainly captured investor attention. On the economic front, recent data shows the Consumer Price Index was up zero point five percent month-over-month in May, with core inflation rising zero point two percent. The Producer Price Index surged one point one percent in May, indicating persistent inflationary pressures, while jobless claims came in slightly above expectations at two hundred twenty-nine t