Markets

Market Pulse

Midday Edition · Monday, July 6, 2026

Nasdaq 100 up 1.74% as tech surge drives risk-on rotation out of defensives S&P 500 gains 0.83%, but strip out tech and this rally runs thin — Fear & Greed sits at 45.


The Daily Digest

  1. 01Nasdaq 100 up 1.74% as tech leads the session's risk-on move
  2. 02Technology sector surges 2.34% — widest outperformance of any sector today
  3. 03S&P 500 up 0.83% with broad participation, though gains are tech-heavy
  4. 04Dow Jones barely moves, up 0.05% — defensives dragging on the index
  5. 05Healthcare down 1.34% and Utilities off 1.25% as rotation out of defensives accelerates
  6. 06Long-end Treasuries slip, TLT down 0.21% as yields edge higher on risk appetite
  7. 07Dollar firms to 101.09 on DXY while yen weakens — USD/JPY climbs to 162.34
  8. 08Silver up 1.34% and Gold up 0.61% — precious metals catching a bid despite dollar strength
  9. 09Bitcoin holds above $63k, up 1.25% as crypto tracks equities higher
  10. 10Cardano bucks the crypto trend, down 2.29% with no clear catalyst
  11. 11CNN Fear & Greed sits at 45 — Neutral, market not yet convinced this move has legs

Top Movers

Gainers

XLKTechnology+2.34%
NDXNasdaq 100+1.74%
SLVSilver+1.34%
BTCBitcoin+1.25%
RUTRussell 2000+0.89%

Losers

ADACardano-2.29%
XLVHealthcare-1.34%
XLUUtilities-1.25%
EUR/USDEUR/USD-0.29%
TLT20Y Treasury-0.21%

What If?

If you had put $1,000 into Technology yesterday, you'd have $1,023.40 today.


The Big Picture

Tech is driving this session. The Nasdaq 100 is up 1.74% and the technology sector is outperforming everything else at +2.34% — that's the story. The S&P 500 is up 0.83% on broad participation, but strip out tech and this rally looks a lot thinner. The Dow is essentially flat at +0.05%, weighed down by the same defensive names investors are actively selling. The rotation is clear: healthcare is down 1.34%, utilities off 1.25%. Money is moving out of safety trades and into growth. Long-dated Treasuries are slipping with it — when yields rise, it signals investors want risk, not protection. Gold and silver are both catching a bid despite a firming dollar, which is unusual and worth noting. CNN's Fear & Greed sits at 45 — neutral. The market is moving but not convinced. That reading says participants are participating, not piling in. If tech momentum stalls, there's not much underneath to hold the broader index up. *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

45Neutral
0255075100

Market Overview

Indices
S&P 500750.94+0.83%
Nasdaq 100724.97+1.74%
Dow Jones528.12+0.05%
Russell 2000300.22+0.89%
Crypto
Bitcoin63,398.00+1.25%
Cardano0.18-2.29%
Ethereum1,786.44+0.86%
XRP1.14+0.86%
Solana81.74+0.83%
Commodities
Gold380.43+0.61%
Natural Gas11.68+0.86%
Silver55.76+1.34%
Crude Oil104.05+0.07%
Bonds & Rates
20Y Treasury85.33%-0.21%
1-3Y Treasury81.97%+0.04%
Short 20Y35.60%+0.68%
Forex
EUR/USD1.14-0.29%
USD/JPY162.34+0.74%
GBP/USD1.33-0.08%
Dollar Index101.09+0.31%
Sectors
Technology184.82+2.34%
Energy53.220.00%
Healthcare161.55-1.34%
Utilities45.19-1.25%
Financials55.92+0.54%
Volatility
VIX20.73-2.36%