Markets
Market Pulse
Midday Edition · Tuesday, June 9, 2026
Nasdaq 100 drops 3.19% as tech selloff drains risk appetite across markets Bitcoin, crude, and silver all down hard — but defensives hold, and Treasuries catch a bid.
The Daily Digest
- 01Nasdaq 100 down 3.19% as tech leads the session's selloff
- 02Technology sector drops 4.88% — sharpest sector decline by a wide margin
- 03S&P 500 off 1.59% with broad-based selling across equities
- 04Bitcoin slides to $60,950, down 4.55% as risk appetite drains
- 05Crude oil down 4.54% on USO basis — energy sector follows with a 2.47% loss
- 06Silver drops 4.17%, gold off 1.54% — metals offer no safe-haven shelter today
- 07Long-duration Treasuries catch a bid, TLT up 0.61% as money rotates to safety
- 08Utilities and healthcare buck the trend — XLU +1.24%, XLV +1.01% as defensives absorb inflows
- 09Financials hold flat, up 0.54%, suggesting the stress is concentrated in growth and risk assets
- 10CNN Fear & Greed Index sits at 29 — Fear territory, consistent with today's cross-asset pressure
Top Movers
What If?
If you had put $1,000 into Utilities yesterday, you'd have $1,012.40 today.
The Big Picture
Tech is the story today — and it's ugly. The Nasdaq 100 is down 3.19% at midday, dragging the S&P 500 down 1.59% with it. The technology sector is off 4.88%, the worst of any group by a wide margin. This isn't a rotation or a sector-specific headline — it's a broad repricing of risk. Bitcoin sliding to $60,950 (down 4.55%) and crude oil dropping 4.54% confirm the same message: appetite for risk assets is draining fast. The defensive playbook is working exactly as advertised. Utilities and healthcare are both up around 1%, and long-duration Treasuries — bonds that pay out further in the future — are catching a bid, with TLT up 0.61%. Money is moving to safety. Financials are holding near flat, which tells you the stress isn't systemic — it's concentrated in growth and momentum names. Silver is down 4.17% and gold off 1.54%, so metals aren't playing the safe-haven role today. The CNN Fear & Greed Index sits at 29 — firmly in Fear territory. With no obvious single catalyst visible in the data, watch whether tech finds a floor into the close or whether this selling accelerates. 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
29Fear
0255075100
Market Overview
| Indices | ||
| Dow Jones | 505.70 | -0.63% |
| S&P 500 | 727.44 | -1.59% |
| Nasdaq 100 | 693.25 | -3.19% |
| Russell 2000 | 279.95 | -1.46% |
| Crypto | ||
| Bitcoin | 60,950.00 | -4.55% |
| Cardano | 0.16 | -5.61% |
| Ethereum | 1,627.51 | -4.14% |
| XRP | 1.13 | -4.00% |
| Solana | 63.99 | -5.21% |
| Commodities | ||
| Gold | 391.14 | -1.54% |
| Natural Gas | 11.43 | +0.53% |
| Silver | 59.01 | -4.17% |
| Crude Oil | 129.01 | -4.54% |
| Bonds & Rates | ||
| 20Y Treasury | 85.14% | +0.61% |
| 1-3Y Treasury | 81.98% | +0.10% |
| Short 20Y | 36.07% | -1.18% |
| Sectors | ||
| Technology | 175.19 | -4.88% |
| Energy | 56.89 | -2.47% |
| Healthcare | 154.19 | +1.01% |
| Utilities | 44.06 | +1.24% |
| Financials | 52.25 | +0.54% |
| Volatility | ||
| VIX | 25.00 | +4.56% |