Episode 2026-06-21

You are listening to Seven Horns A I — your A I-powered market update. Today is Sunday, June twenty-first, twenty twenty-six, and with the markets closed for the weekend, we are looking back at a highly eventful week on Wall Street. With U S markets closed on Friday for the Juneteenth holiday, the final trading action took place on Thursday, June eighteenth. It was a strong, risk-on session where stocks opened higher and rallied steadily throughout the day. The S and P five hundred gained one point zero eight percent, closing at seventy-five hundred point fifty-eight, while the tech-heavy Nasdaq Composite posted solid gains of one point nine one percent. Small caps also made a powerful move, with the Russell two thousand jumping two point twelve percent. In contrast, the Dow Jones Industrial Average lagged, edging up just zero point fourteen percent. This late-week rally was driven by a historic geopolitical breakthrough: an interim peace agreement between the United States and Iran, which reopened the Strait of Hormuz to commercial shipping. This massive development sent Brent crude oil falling about nine percent for the week, drastically easing inflation worries and fueling a broad appetite for risk. This geopolitical relief helped investors shrug off Wednesday's hawkish tone from the Federal Reserve. Although Fed Chair Kevin Warsh held rates steady at three point five to three point seventy-five percent, updated projections showed that half of the policymakers now expect