Markets

Market Pulse

Midday Edition · Wednesday, June 10, 2026

Nasdaq 100 drops 1.34% as tech sells off and energy takes the rotation trade Gold falls 3.01% despite the risk-off mood — and Bitcoin is up 2.02% while stocks bleed.


The Daily Digest

  1. 01Nasdaq 100 leads equities lower, down 1.34% as tech selling dominates the session
  2. 02S&P 500 off 0.92% and Dow down 1.15% as broad risk-off takes hold midday
  3. 03Russell 2000 holds relatively firm, down just 0.32% — small caps absorbing less of the blow
  4. 04Tech sector drops 1.59%, sharpest sector decline as growth names take the hit
  5. 05Energy surges 2.47% and crude oil up 2.99% — the clear rotation trade today
  6. 06Gold drops 3.01% — a sharp reversal for the safe-haven trade despite equity weakness
  7. 07Bitcoin climbs 2.02% to $62,212, decoupling from the equity selloff
  8. 08Ethereum up 1.12% to $1,646 and Solana +1.31% to $64.87 as crypto holds its own
  9. 09Dollar Index edges up 0.28% to 99.99, adding pressure on risk assets
  10. 10Utilities up 0.45% and Financials flat — defensive rotation quietly underway
  11. 11CNN Fear & Greed Index sits at 29 — Fear territory, consistent with today's tone

Top Movers

Gainers

OILCrude Oil+2.99%
NATGASNatural Gas+2.63%
XLEEnergy+2.47%
BTCBitcoin+2.02%
SOLSolana+1.31%

Losers

GOLDGold-3.01%
XLKTechnology-1.59%
NDXNasdaq 100-1.34%
DJIDow Jones-1.15%
SPXS&P 500-0.92%

What If?

If you had put $1,000 into Crude Oil yesterday, you'd have $1,029.90 today.


The Big Picture

Equities are selling off midday with tech leading the damage — Nasdaq 100 down 1.34%, S&P 500 off 0.92%. The dollar ticking up to 99.99 is squeezing growth stocks, and with the CNN Fear & Greed Index at 29, sentiment is firmly in fear territory. This isn't panic, but it's not comfortable either. The rotation story is the interesting part. Energy is up 2.47% with crude gaining 2.99%, and utilities are quietly catching bids while financials hold flat. Money isn't leaving the market entirely — it's moving. Gold's 3.01% drop is the head-scratcher: safe-haven demand usually rises when stocks fall, but not today. Crypto is the outlier. Bitcoin at $62,212, up 2.02%, with Ethereum and Solana both gaining. That divergence from equities is worth watching — either crypto is reading something differently, or it's just running its own playbook right now. *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 Jones503.55-1.15%
S&P 500730.26-0.92%
Nasdaq 100698.33-1.34%
Russell 2000284.10-0.32%
Crypto
Bitcoin62,212.00+2.02%
Cardano0.16+1.10%
Ethereum1,646.65+1.12%
XRP1.12-0.52%
Solana64.87+1.31%
Commodities
Gold379.02-3.01%
Natural Gas11.69+2.63%
Silver58.84-0.29%
Crude Oil135.23+2.99%
Bonds & Rates
20Y Treasury85.12%0.00%
1-3Y Treasury81.99%+0.06%
Short 20Y36.10%+0.19%
Forex
EUR/USD1.15-0.29%
USD/JPY160.49+0.21%
GBP/USD1.34-0.16%
Dollar Index99.99+0.28%
Sectors
Technology177.89-1.59%
Energy58.81+2.47%
Healthcare153.87-0.45%
Utilities44.18+0.45%
Financials52.55+0.17%
Volatility
VIX25.70+5.89%