Markets

Market Pulse

Post-Close Edition · Friday, April 17, 2026

S&P 500 jumps 1.21% as oil's 8% crash kills inflation fears Stocks and bonds rallied together — but gold and silver surging says not everyone believes the all-clear.


The Daily Digest

  1. 01Russell 2000 leads the rally at +2.16%, small caps outperforming as risk appetite builds
  2. 02S&P 500 closes up +1.21% to 710.14, broad-based buying across the session
  3. 03Dow adds +1.77% to 494.22, strongest index gain outside small caps
  4. 04Crude oil craters -7.79% to $116.04, biggest single-day drop in months
  5. 05Energy sector drags -2.76% as oil selloff hits the sector hard
  6. 06Gold +1.33% and silver surges +3.35% — precious metals catch a bid even as equities rally
  7. 07Bitcoin climbs +3.35% to $77,428, Ethereum up +3.81% to $2,430 as crypto joins the risk-on move
  8. 08Long-dated Treasuries firm up, TLT +0.92% as bonds and stocks rally together — an unusual split
  9. 09Dollar slips to 98.08 on DXY as capital rotates into risk assets globally
  10. 10CNN Fear & Greed Index sits at 68 — Greed — sentiment running hot heading into the weekend

Top Movers

Gainers

ETHEthereum+3.81%
SLVSilver+3.35%
BTCBitcoin+3.35%
XRPXRP+2.46%
RUTRussell 2000+2.16%

Losers

OILCrude Oil-7.79%
XLEEnergy-2.76%
TBTShort 20Y-1.67%
XLUUtilities-0.41%
DXYDollar Index-0.10%

What If?

If you had put $1,000 into Ethereum yesterday, you'd have $1,038.10 today.


The Big Picture

Stocks rallied hard across the board today, with the Russell 2000 leading at +2.16% and the S&P 500 closing up 1.21% to 710.14. The driving force was crude oil collapsing nearly 8% to $116.04 — the biggest single-day drop in months. Lower oil means lower inflation pressure, and markets read that as breathing room. Risk appetite snapped back fast. The rotation was broad but uneven. Energy stocks fell 2.76% in lockstep with crude, the one clear loser. Everything else caught a bid — tech up 1.53%, healthcare up 1.49%, Bitcoin climbing to $77,428. Even long-dated Treasuries firmed up alongside equities, which doesn't happen often. When bonds and stocks rally together, it usually signals relief, not euphoria. The dollar slipping to 98.08 added fuel, making risk assets globally more attractive. The wrinkle: gold and silver surged too — silver nearly 3.4%. Precious metals don't usually run with a pure risk-on tape. That split, combined with the Fear & Greed Index sitting at 68, suggests sentiment is hot but not everyone is fully convinced the all-clear is here. *This is not financial advice. Acid Capitalist is a financial news and commentary site — not a registered financial adviser. Always do your own research.*

Fear & Greed Index

68Greed
0255075100

Market Overview

Indices
Dow Jones494.22+1.77%
S&P 500710.14+1.21%
Nasdaq 100648.85+1.31%
Russell 2000275.78+2.16%
Crypto
Bitcoin77,428.00+3.35%
Cardano0.26+1.36%
Ethereum2,430.06+3.81%
XRP1.48+2.46%
Solana89.13+0.24%
Commodities
Gold445.93+1.33%
Natural Gas10.84+0.56%
Silver73.63+3.35%
Crude Oil116.04-7.79%
Bonds & Rates
20Y Treasury87.07%+0.92%
1-3Y Treasury82.64%+0.19%
Short 20Y34.69%-1.67%
Forex
EUR/USD1.18+0.13%
USD/JPY159.13+0.09%
GBP/USD1.35-0.07%
Dollar Index98.08-0.10%
Sectors
Technology154.35+1.53%
Energy55.02-2.76%
Healthcare148.80+1.49%
Utilities46.16-0.41%
Financials52.43+0.77%
Volatility
VIX27.93-1.27%