Markets

Market Pulse

Midday Edition · Thursday, June 25, 2026

Nasdaq 100 up 1.05% leads cautious rally as commodities flash defensive signal Crude oil jumps 2.63% and gold adds 1.28% while Fear & Greed sits at 26 — this rally has a nervous edge.


The Daily Digest

  1. 01Nasdaq 100 leads equities up 1.05% as tech outperforms a cautious tape
  2. 02Healthcare surges 1.64%, best sector on the day with no single catalyst
  3. 03Technology up 1.1% as sector rotation favors growth over defensives
  4. 04Crude oil jumps 2.63% on supply concerns, USO ETF tracking the move
  5. 05Silver climbs 1.93% and gold adds 1.28% — metals bid across the board
  6. 06S&P 500 up 0.24%, Dow up 0.42% — broad gains but conviction is thin
  7. 07Russell 2000 up 0.55%, small caps participating but not leading
  8. 08XRP drops 2.38% to $1.04, underperforming a flat-to-mixed crypto session
  9. 09Bitcoin slips 0.31% to $59,544 as crypto sits out the equity rally
  10. 10Dollar flat at 101.68 on DXY — no macro catalyst moving FX
  11. 11CNN Fear & Greed Index sits at 26 — Fear — equity gains happening against a nervous backdrop

Top Movers

Gainers

OILCrude Oil+2.63%
SLVSilver+1.93%
XLVHealthcare+1.64%
GOLDGold+1.28%
NATGASNatural Gas+1.19%

Losers

XRPXRP-2.38%
ETHEthereum-0.49%
BTCBitcoin-0.31%
DXYDollar Index0.00%
GBP/USDGBP/USD0.00%

What If?

If you had put $1,000 into Crude Oil yesterday, you'd have $1,026.30 today.


The Big Picture

Equities are grinding higher at midday, but the story isn't confidence — it's rotation. Tech and healthcare are doing the heavy lifting, up 1.1% and 1.64% respectively, dragging the Nasdaq 100 up 1.05% while the S&P 500 manages just 0.24%. The broad index is moving, but the narrow leadership says investors are picking spots, not piling in. The real conviction is in commodities. Crude oil is up 2.63% on supply concerns, and precious metals are joining the bid — silver up 1.93%, gold up 1.28%. That's a defensive undertone running beneath the surface of an otherwise "risk-on" tape. Crypto isn't buying the rally either — Bitcoin slips to $59,544 and XRP drops 2.38%. The CNN Fear & Greed Index sitting at 26 — deep in Fear territory — says it plainly: these gains are happening against a nervous backdrop. Markets can rise in fear, but they rarely sustain without broader participation. Watch whether financials, flat at +0.13%, start to move. 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

26Fear
0255075100

Market Overview

Indices
Dow Jones520.70+0.42%
S&P 500735.00+0.24%
Nasdaq 100718.11+1.05%
Russell 2000298.31+0.55%
Crypto
Bitcoin59,544.00-0.31%
Cardano0.14+0.90%
Ethereum1,569.86-0.49%
XRP1.04-2.38%
Solana66.35+0.34%
Commodities
Gold370.60+1.28%
Natural Gas11.87+1.19%
Silver52.78+1.93%
Crude Oil109.09+2.63%
Bonds & Rates
20Y Treasury87.41%+0.03%
1-3Y Treasury82.13%+0.07%
Short 20Y34.09%+0.06%
Forex
EUR/USD1.13+0.02%
USD/JPY161.85+0.11%
GBP/USD1.320.00%
Dollar Index101.680.00%
Sectors
Technology185.07+1.10%
Energy54.19+1.16%
Healthcare155.86+1.64%
Utilities45.84+0.66%
Financials53.79+0.13%
Volatility
VIX22.44-2.05%