Markets

Market Pulse

Post-Close Edition · Monday, July 13, 2026

Crude oil surges 8.4% on supply shock, dragging Nasdaq 100 down 1.9% Gold and crypto sold off in unison — there was nowhere to hide today.


The Daily Digest

  1. 01Crude oil surges 8.36% as USO ETF jumps to $117.79 — supply shock dominates the session
  2. 02Nasdaq 100 drops 1.9% as tech leads the selloff across all major indices
  3. 03S&P 500 falls 0.77% with broad risk-off pressure weighing on equities
  4. 04Technology sector down 2.42% while energy surges 3.01% — sharpest sector divergence of the session
  5. 05Gold slides 2.62% and silver drops 3.32% as commodities rotate hard into oil
  6. 06Bitcoin falls to $61,974, down 3.27%, with the entire crypto complex selling off in unison
  7. 07Ethereum down 2.99% to $1,759 as risk appetite drains across digital assets
  8. 0820Y Treasury prices slip 0.59% as long-end bonds offer no safe-haven relief
  9. 09Financials +0.65% and utilities +0.68% hold green — defensive rotation quietly underway
  10. 10Fear & Greed Index sits at 44 (Fear) per CNN — sentiment fragile heading into the close

Top Movers

Gainers

OILCrude Oil+8.36%
XLEEnergy+3.01%
TBTShort 20Y+1.35%
XLUUtilities+0.68%
XLFFinancials+0.65%

Losers

ADACardano-4.13%
SOLSolana-3.65%
XRPXRP-3.41%
SLVSilver-3.32%
BTCBitcoin-3.27%

What If?

If you had put $1,000 into Crude Oil yesterday, you'd have $1,083.60 today.


The Big Picture

Crude oil's 8.36% surge defined the session. The move — the kind that signals a genuine supply shock, not just noise — rippled through every asset class. Equities sold off, with tech taking the hardest hit as the Nasdaq 100 dropped 1.9% and the S&P 500 fell 0.77%. Higher oil means higher inflation expectations, and that's a direct threat to rate-cut hopes. The rotation tells the real story. Energy jumped 3.01% while tech shed 2.42% — the widest sector gap of the day. Precious metals got no safe-haven bid; gold fell 2.62% and silver dropped 3.32% as money chased oil instead. Crypto sold off in lockstep — Bitcoin down 3.27% to $61,974 — confirming this was a broad risk-off move, not sector-specific noise. Financials and utilities both edged green, the quiet tell that defensive positioning is picking up. With the Fear & Greed Index at 44 and long-duration Treasuries offering no cushion, the market has no obvious shelter right now. If oil holds these levels, the inflation narrative comes back fast. 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

44Fear
0255075100

Market Overview

Indices
S&P 500749.17-0.77%
Nasdaq 100711.74-1.90%
Dow Jones524.47-0.25%
Russell 2000293.48-0.85%
Crypto
Bitcoin61,974.00-3.27%
Cardano0.16-4.13%
Ethereum1,759.73-2.99%
XRP1.06-3.41%
Solana74.47-3.65%
Commodities
Gold367.13-2.62%
Natural Gas10.37-2.17%
Silver52.16-3.32%
Crude Oil117.79+8.36%
Bonds & Rates
20Y Treasury83.97%-0.59%
1-3Y Treasury81.79%-0.11%
Short 20Y36.80%+1.35%
Forex
EUR/USD1.14-0.05%
USD/JPY162.14+0.17%
GBP/USD1.34-0.26%
Dollar Index100.95+0.09%
Sectors
Technology181.28-2.42%
Healthcare161.41+0.35%
Utilities45.72+0.68%
Financials56.07+0.65%
Energy56.74+3.01%
Volatility
VIX21.02+3.34%