Markets
Market Pulse
Post-Close Edition · Thursday, July 2, 2026
Nasdaq 100 drops 1.73% as tech rout drives rotation into defensives Gold up 2.03%, Healthcare up 2.63% — the risk-off playbook is open and Fear & Greed sits at 31.
The Daily Digest
- 01Nasdaq 100 down 1.73% as tech sells off hard, dragging the S&P 500 flat at -0.13%
- 02Dow Jones bucks the trend, up 1.05% as rotation out of tech lifts old-economy names
- 03Technology sector drops 2.71% — session's biggest loser and the story of the day
- 04Healthcare up 2.63% and Utilities up 2.21% as money rotates into defensives
- 05Gold ETF (GLD) climbs 2.03%, Silver ETF (SLV) up 2.69% — safe-haven and metals bid strengthens
- 06Dollar softens 0.27% as DXY slips to 101.17, yen firms with USD/JPY falling 0.69% to 161.58
- 07Ethereum surges 4.88% to $1,702, Solana up 4.12% to $80.95 as crypto catches a bid
- 08Bitcoin adds 1.65% to $61,474, holding above the $61k level
- 09CNN Fear & Greed Index sits at 31 — Fear territory, consistent with today's defensive rotation
Top Movers
What If?
If you had put $1,000 into Ethereum yesterday, you'd have $1,048.80 today.
The Big Picture
Tech got hit hard today. The Nasdaq 100 dropped 1.73% while the S&P 500 barely moved at -0.13% — the tech selloff and the rotation beneath it nearly cancelled each other out. The Technology sector fell 2.71%, the session's worst performer, and that weight kept the broader market pinned. The money didn't disappear — it moved. Healthcare gained 2.63%, Utilities rose 2.21%, and the Dow climbed 1.05% as investors shifted toward defensive, old-economy names. Gold added 2.03%, silver 2.69%, and the dollar softened 0.27%. That's a classic risk-off playbook: sell growth, buy safety. The CNN Fear & Greed Index sits at 31 — Fear territory. With defensives leading, metals bid up, and tech under pressure, the market is sending a clear signal: confidence is thin right now. Watch whether tech finds a floor or this rotation deepens into something more defensive. *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
31Fear
0255075100
Market Overview
| Indices | ||
| Dow Jones | 527.88 | +1.05% |
| S&P 500 | 744.78 | -0.13% |
| Nasdaq 100 | 712.60 | -1.73% |
| Russell 2000 | 297.58 | -0.58% |
| Crypto | ||
| Bitcoin | 61,474.00 | +1.65% |
| Cardano | 0.16 | +4.00% |
| Ethereum | 1,702.05 | +4.88% |
| XRP | 1.08 | +1.87% |
| Solana | 80.95 | +4.12% |
| Commodities | ||
| Gold | 378.13 | +2.03% |
| Natural Gas | 11.58 | +0.52% |
| Silver | 55.02 | +2.69% |
| Crude Oil | 103.98 | +0.69% |
| Bonds & Rates | ||
| 20Y Treasury | 85.51% | -0.01% |
| 1-3Y Treasury | 81.94% | +0.12% |
| Short 20Y | 35.36% | -0.03% |
| Forex | ||
| EUR/USD | 1.14 | +0.14% |
| USD/JPY | 161.58 | -0.69% |
| GBP/USD | 1.33 | +0.50% |
| Dollar Index | 101.17 | -0.27% |
| Sectors | ||
| Technology | 180.59 | -2.71% |
| Energy | 53.22 | +0.78% |
| Healthcare | 163.74 | +2.63% |
| Utilities | 45.76 | +2.21% |
| Financials | 55.62 | +1.53% |
| Volatility | ||
| VIX | 21.23 | -1.35% |