Markets
Market Pulse
Post-Close Edition · Wednesday, July 8, 2026
S&P 500 slips 0.31% as rotation out of cyclicals hammers blue chips and small caps. Tech's 1.24% gain is the only thing keeping the Nasdaq green — Fear & Greed sits at 42.
The Daily Digest
- 01Nasdaq 100 up 0.28% as tech outperforms a broadly red session
- 02S&P 500 slips 0.31% while Dow drops 1.07% — rotation out of cyclicals hits blue chips hard
- 03Financials down 1.93% and Healthcare off 1.30% drag the broader market lower
- 04Technology sector gains 1.24% as the only major sector holding green alongside Energy
- 05Energy up 1.76% as crude oil surges 3.02% on supply concerns
- 06Russell 2000 falls 0.92% — small caps underperform as risk appetite fades
- 07Long-duration Treasuries edge lower, TLT off 0.22% as yields hold pressure on the long end
- 08Dollar firms 0.24% (DXY at 101.16), weighing on EUR/USD and GBP/USD
- 09Gold drops 0.81% and Silver slides 2.99% as the dollar bid pushes metals lower
- 10Bitcoin falls 2.23% to $62,040 with the broader crypto complex under pressure
- 11Solana off 4.65% and Cardano down 5.27% lead altcoin losses
- 12CNN Fear & Greed Index sits at 42 — Fear territory, consistent with today's defensive tone
Top Movers
What If?
If you had put $1,000 into Crude Oil yesterday, you'd have $1,030.20 today.
The Big Picture
Tech held the market together today — barely. The Nasdaq 100 gained 0.28% while everything else leaned red, driven by a 1.24% surge in technology stocks. The story underneath: investors rotated hard out of cyclicals and rate-sensitive names. Financials dropped 1.93%, Healthcare fell 1.30%, and the Dow shed 1.07% as blue-chip, economically-linked stocks took the hit. The Russell 2000 — small companies that need a healthy economy to thrive — slid 0.92%. Energy was the other bright spot, up 1.76% on the back of crude oil jumping 3.02% on supply concerns. But that's a defensive trade, not a growth signal. The dollar firmed to 101.16 on the DXY — the index that measures the dollar against a basket of major currencies — which pushed gold down 0.81% and silver off 2.99%. Crypto got hit too: Bitcoin dropped to $62,040, Solana fell 4.65%. The CNN Fear & Greed Index sits at 42 — Fear territory. Money is moving toward tech and energy and away from anything that needs rate cuts or economic acceleration to work. Until that changes, this market rewards defense. 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
42Fear
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Market Overview
| Indices | ||
| S&P 500 | 745.40 | -0.31% |
| Nasdaq 100 | 711.44 | +0.28% |
| Dow Jones | 522.77 | -1.07% |
| Russell 2000 | 293.48 | -0.92% |
| Crypto | ||
| Bitcoin | 62,040.00 | -2.23% |
| Cardano | 0.17 | -5.27% |
| Ethereum | 1,733.14 | -2.40% |
| XRP | 1.09 | -2.68% |
| Solana | 77.00 | -4.65% |
| Commodities | ||
| Gold | 374.45 | -0.81% |
| Natural Gas | 11.60 | -1.36% |
| Silver | 52.83 | -2.99% |
| Crude Oil | 112.21 | +3.02% |
| Bonds & Rates | ||
| 20Y Treasury | 84.36% | -0.22% |
| 1-3Y Treasury | 81.84% | -0.02% |
| Short 20Y | 36.38% | +0.39% |
| Forex | ||
| EUR/USD | 1.14 | -0.25% |
| USD/JPY | 162.49 | +0.37% |
| GBP/USD | 1.33 | -0.28% |
| Dollar Index | 101.16 | +0.24% |
| Sectors | ||
| Technology | 181.40 | +1.24% |
| Healthcare | 162.30 | -1.30% |
| Utilities | 45.36 | -0.74% |
| Financials | 54.97 | -1.93% |
| Energy | 55.60 | +1.76% |
| Volatility | ||
| VIX | 21.23 | +1.73% |