Markets

Market Pulse

Midday Edition · Tuesday, July 7, 2026

Nasdaq 100 drops 1.49% as rising yields hammer tech and rotation kicks in Healthcare and energy catch the fleeing money — bonds and metals offer no shelter today.


The Daily Digest

  1. 01Nasdaq 100 down 1.49% as tech leads the session's selloff
  2. 02S&P 500 slips 0.36%, Dow and Russell 2000 follow with modest losses
  3. 03Technology sector drops 1.85% — sharpest sector decline midday
  4. 04Energy up 1.3% and Healthcare up 1.64% as rotation out of tech finds defensive and cyclical bids
  5. 05Crude oil surges 2.5% on supply concerns
  6. 06Long-duration Treasuries under pressure — TLT off 0.77% as bond yields push higher
  7. 07Silver falls 1.84%, gold slips 0.46% as metals face broad selling pressure
  8. 08Natural gas gains 1.02% bucking the commodity weakness
  9. 09Bitcoin holds near $63,973, up 0.88% — one of the few risk assets in the green
  10. 10Cardano drops 3.54% to $0.18, XRP off 1.57% — altcoins underperform crypto majors
  11. 11Fear & Greed Index sits at 43 — Fear territory, consistent with today's defensive rotation

Top Movers

Gainers

OILCrude Oil+2.50%
TBTShort 20Y+1.66%
XLVHealthcare+1.64%
XLEEnergy+1.30%
XLUUtilities+1.30%

Losers

ADACardano-3.54%
XLKTechnology-1.85%
SLVSilver-1.84%
XRPXRP-1.57%
NDXNasdaq 100-1.49%

What If?

If you had put $1,000 into Crude Oil yesterday, you'd have $1,025.00 today.


The Big Picture

Tech is getting hit hard midday. The Nasdaq 100 is down 1.49% while the broader S&P 500 slips a more modest 0.36% — that gap tells the story. Technology as a sector is off 1.85%, the worst of any group, and money is visibly rotating out. Healthcare is up 1.64% and Energy is up 1.3%, the kind of defensive and commodity-driven bids you see when investors want less exposure to growth names. The bond market is adding pressure. Long-duration Treasuries — bonds that are most sensitive to rate expectations — are selling off, pushing yields higher. That's a headwind for tech valuations specifically. Crude oil is up 2.5% on supply concerns, which explains the energy bid. Metals are weak across the board, with silver down 1.84%. The Fear & Greed Index sits at 43 — Fear territory. Bitcoin is holding near $63,973, up 0.88%, one of the few risk assets catching a bid. Watch whether tech stabilizes into the close or the rotation deepens. 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

43Fear
0255075100

Market Overview

Indices
S&P 500748.54-0.36%
Nasdaq 100712.05-1.49%
Dow Jones528.44-0.31%
Russell 2000297.56-0.45%
Crypto
Bitcoin63,973.00+0.88%
Cardano0.18-3.54%
Ethereum1,801.27+0.81%
XRP1.13-1.57%
Solana82.23+0.58%
Commodities
Gold380.39-0.46%
Natural Gas11.83+1.02%
Silver55.08-1.84%
Crude Oil106.96+2.50%
Bonds & Rates
20Y Treasury84.79%-0.77%
1-3Y Treasury81.92%-0.07%
Short 20Y36.04%+1.66%
Sectors
Technology180.17-1.85%
Energy53.82+1.30%
Healthcare164.61+1.64%
Utilities45.89+1.30%
Financials56.18+0.07%
Volatility
VIX20.77+0.58%