Markets

Market Pulse

Post-Close Edition · Friday, June 5, 2026

Nasdaq 100 crashes 4.8% as broad liquidation hits every corner of the market Gold and bonds both fell alongside stocks — money isn't rotating to safety, it's leaving entirely.


The Daily Digest

  1. 01Nasdaq 100 down 4.8% as tech leads a broad market selloff
  2. 02S&P 500 falls 2.58% in one of the session's sharpest drops in recent weeks
  3. 03Technology sector off 6.66% — the day's worst-performing sector by a wide margin
  4. 04Russell 2000 drops 3.55%, confirming the selling pressure extends beyond mega-cap names
  5. 05Silver off 8.08% as the safe-haven bid collapses alongside risk assets
  6. 06Gold down 3.65% — unusual to see precious metals fall this hard alongside equities
  7. 07Bitcoin slides to $61,574, down 2.93%, as crypto tracks the risk-off move
  8. 08Ethereum drops 8.89% to $1,611 and Cardano craters 11.09% — altcoins take the worst of it
  9. 09Long-duration Treasuries slip 0.51% as TBT (the inverse bond ETF) gains 1.15% — yields moving higher even in a risk-off session
  10. 10Healthcare and Utilities each gain around 0.6–0.9%, the only sectors finding buyers today
  11. 11CNN Fear & Greed Index sits at 42 — Fear territory, and the price action backs it up

Top Movers

Gainers

TBTShort 20Y+1.15%
XLUUtilities+0.93%
XLVHealthcare+0.61%
XLFFinancials+0.21%
GBP/USDGBP/USD+0.07%

Losers

ADACardano-11.09%
ETHEthereum-8.89%
SLVSilver-8.08%
XLKTechnology-6.66%
SOLSolana-5.07%

What If?

If you had put $1,000 into Short 20Y yesterday, you'd have $1,011.50 today.


The Big Picture

Tech got hit hard today — the Nasdaq 100 fell 4.8% and the broader S&P 500 dropped 2.58%, with the technology sector alone down 6.66%. This wasn't a rotation or a sector-specific story. It was a broad liquidation: the Russell 2000 fell 3.55%, crypto sold off sharply, and even gold dropped 3.65% alongside equities — which almost never happens. When precious metals fall with stocks, it usually means forced selling, not just risk aversion. The bond market added a wrinkle. Long-duration Treasury yields moved higher even as stocks cratered — the opposite of the usual flight-to-safety playbook. That tells you this isn't a "buy bonds, sell stocks" moment. Money isn't rotating to safety; it's leaving the table. Healthcare and Utilities each gained under 1% — the only sectors in the green, and barely. The CNN Fear & Greed Index sits at 42 — Fear territory. With yields rising, safe havens not catching a bid, and altcoins like Cardano down 11%, the market is pricing in something more than a bad day. Watch whether this selling finds a floor or accelerates into the week. *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

42Fear
0255075100

Market Overview

Indices
Dow Jones509.70-1.35%
S&P 500737.55-2.58%
Nasdaq 100705.06-4.80%
Russell 2000281.65-3.55%
Crypto
Bitcoin61,574.00-2.93%
Cardano0.16-11.09%
Ethereum1,611.24-8.89%
XRP1.11-4.52%
Solana64.92-5.07%
Commodities
Gold396.24-3.65%
Natural Gas11.67-3.71%
Silver61.57-8.08%
Crude Oil133.02-2.72%
Bonds & Rates
20Y Treasury85.06%-0.51%
1-3Y Treasury81.86%-0.21%
Short 20Y36.09%+1.15%
Forex
EUR/USD1.160.00%
USD/JPY159.86+0.04%
GBP/USD1.35+0.07%
Dollar Index99.21-0.01%
Sectors
Technology180.30-6.66%
Energy57.67-1.84%
Healthcare153.01+0.61%
Utilities44.35+0.93%
Financials52.30+0.21%
Volatility
VIX24.31+7.23%