Episode 2026-06-23

You're listening to Seven Horns A I — your A I-powered market update. Today is Tuesday, June twenty-third, twenty twenty-six, and we have a major market wrap-up following today's highly divided closing bell. It was a tale of two markets today as a violent semiconductor-led selloff crushed tech stocks while leaving the broader market relatively steady. The S&P five hundred declined one point four three percent to close at seventy-three hundred and sixty-six, and the tech-heavy Nasdaq Composite tumbled two point two one percent, closing at twenty-five thousand five hundred eighty-seven. In sharp contrast, the Dow Jones Industrial Average was essentially flat, slipping just zero point zero nine percent to fifty-one thousand six hundred sixty-seven. Looking at the intraday action, stocks gapped lower at the open, with the Nasdaq dropping more than two percent right out of the gate. While the S&P five hundred managed a tiny claw-back of about two-tenths of a percent from its morning lows, tech had virtually no recovery. After the bell, S&P five hundred futures are essentially flat, up a mere zero point zero six percent. However, Nasdaq one hundred futures are down one point zero three percent since the cash close, suggesting the tech pressure is not quite over. The pain today was highly concentrated in tech and semiconductors. Tesla fell five point seven nine percent to close at three hundred eighty-one dollars and sixty-one cents, and Nvidia fell four point three percent to t