Markets

Market Pulse

Midday Edition · Wednesday, June 24, 2026

Russell 2000 leads stocks higher as falling yields signal rate relief Gold, oil, and crypto all drop hard — the dollar is doing the damage.


The Daily Digest

  1. 01Russell 2000 leads equities up 1.41% as small-caps outperform on broad risk-on tone
  2. 02S&P 500 up 0.69% and Dow up 1.0% midday, with gains broad but not deep
  3. 03Nasdaq 100 lags the rally, up just 0.46% as tech underperforms the wider market
  4. 04Long-dated Treasuries rally 1.46% (TLT) as yields pull back — bonds and stocks moving up together signals rate relief driving the bid
  5. 05Silver down 4.65% and gold off 2.44% — precious metals hit hard as the dollar firms
  6. 06Crude oil drops 3.56% as energy sector falls 2.09%, the session's clear laggard
  7. 07Dollar Index up 0.40% to 101.68, pressuring commodities and non-dollar assets
  8. 08Bitcoin slides 3.35% to $60,425 with the entire crypto complex in the red — Cardano off 4.72%, XRP down 3.11%
  9. 09CNN Fear & Greed Index sits at 28 — Fear — equity gains are happening against a backdrop of still-cautious sentiment

Top Movers

Gainers

NATGASNatural Gas+1.48%
TLT20Y Treasury+1.46%
RUTRussell 2000+1.41%
DJIDow Jones+1.00%
XLVHealthcare+0.79%

Losers

ADACardano-4.72%
SLVSilver-4.65%
OILCrude Oil-3.56%
BTCBitcoin-3.35%
XRPXRP-3.11%

What If?

If you had put $1,000 into Natural Gas yesterday, you'd have $1,014.80 today.


The Big Picture

Stocks are grinding higher midday, but the story isn't tech — it's rate relief. Long-dated Treasuries are up 1.46%, signaling that bond investors expect less pressure from the Fed. When yields fall, borrowing gets cheaper, and that's rocket fuel for smaller companies. The Russell 2000 — an index of small U.S. companies — is up 1.41%, leading the whole market. The S&P 500 is up 0.69%, the Dow up 1.0%. Nasdaq is the laggard at just 0.46%. The flip side: the dollar is firming up (DXY +0.40% to 101.68), and that's crushing everything priced in dollars. Gold is off 2.44%, silver down 4.65%, crude oil sliding 3.56%. Energy is the worst sector, down 2.09%. Bitcoin dropped to $60,425, off 3.35%. The tension worth watching: the CNN Fear & Greed Index sits at 28 — deep in Fear territory. Stocks are rising, but the crowd isn't buying it yet. That disconnect between price action and sentiment rarely stays quiet for long. *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

28Fear
0255075100

Market Overview

Indices
Dow Jones521.78+1.00%
S&P 500738.66+0.69%
Nasdaq 100716.95+0.46%
Russell 2000299.47+1.41%
Crypto
Bitcoin60,425.00-3.35%
Cardano0.14-4.72%
Ethereum1,629.06-1.90%
XRP1.06-3.11%
Solana67.62-2.05%
Commodities
Gold368.11-2.44%
Natural Gas11.67+1.48%
Silver53.14-4.65%
Crude Oil107.30-3.56%
Bonds & Rates
20Y Treasury87.46%+1.46%
1-3Y Treasury82.05%+0.10%
Short 20Y34.05%-3.10%
Forex
EUR/USD1.13-0.46%
USD/JPY161.68+0.09%
GBP/USD1.32-0.42%
Dollar Index101.68+0.40%
Sectors
Technology184.92+0.40%
Energy53.32-2.09%
Healthcare153.38+0.79%
Utilities45.29+0.49%
Financials53.89+0.02%
Volatility
VIX22.51-2.05%