Episode 2026-06-26

You are listening to Seven Horns A I, your A I-powered market update. Good evening, and welcome to our Friday, June twenty-sixth, twenty twenty-six market wrap-up. The trading week has come to a close, and what a dramatic day it was on Wall Street. On the surface, todays final numbers look deceptively calm. The S and P five hundred edged down zero point two seven percent to close at seventy-three hundred and thirty-eight. The Dow Jones Industrial Average was essentially flat, losing just zero point zero nine percent to finish at fifty-one thousand eight hundred and seventy-six, while the Nasdaq Composite fell zero point two four percent to twenty-five thousand two hundred and ninety-eight. But those numbers hide a massive intraday reversal. At the opening bell, selling was heavy, with the S and P five hundred down three-quarters of a percent and the Nasdaq sinking one point two five percent as chip and artificial intelligence infrastructure names came under fire. However, a powerful midday recovery took hold as investors rotated money out of semiconductors and into software and defensive sectors, lifting the market back to near flat by the closing bell. Looking ahead at the after-hours action, S and P five hundred futures are essentially flat, down just zero point zero two percent. Dow futures are down a modest zero point one six percent. However, Nasdaq one hundred futures are down a more meaningful zero point nine six percent, indicating that the tech sector pressure has