Markets
Market Pulse
Midday Edition · Friday, July 17, 2026
Nasdaq 100 drops 1.24% as tech selloff drives investors into gold and bonds Crude oil is the session's outlier, surging 4.63% while Fear & Greed sits at 38.
The Daily Digest
- 01Nasdaq 100 leads equities lower, down 1.24% as tech selling pressures the broader market
- 02S&P 500 off 0.93% at midday with financials and tech dragging — energy the lone bright spot
- 03Crude oil surges 4.63% on USO basis, biggest mover of the session
- 04Energy sector up 1.05% — only sector in the green as oil spike lifts the group
- 05GLD ETF gains 0.86% as safe-haven demand builds alongside equity weakness
- 06Long-dated Treasuries catch a bid, TLT up 0.46% — investors rotating toward safety
- 07Dollar firms slightly, DXY +0.26% to 100.78 as GBP/USD slides 0.54% to 1.3437
- 08Ethereum drops 2.16% to $1,834 — underperforming broader crypto in the risk-off tone
- 09Bitcoin holds near $63,865, down just 0.55% — relative stability versus altcoins
- 10CNN Fear & Greed Index sits at 38 — Fear territory, consistent with today's defensive rotation
Top Movers
What If?
If you had put $1,000 into Crude Oil yesterday, you'd have $1,046.30 today.
The Big Picture
Tech is selling off and investors are moving to safety. The Nasdaq 100 is down 1.24% at midday, dragging the S&P 500 down 0.93% with it. Financials are adding to the pressure. The CNN Fear & Greed Index sits at 38 — squarely in Fear territory — and the money flows confirm it: long-dated Treasuries are catching a bid (TLT +0.46%) and gold is up 0.86%, both classic moves when risk appetite dries up. The one exception to the defensive tone is oil. Crude is surging 4.63% — the biggest move in the session — lifting energy stocks 1.05% and making XLE the only sector in the green. That's a supply-side story running on its own track, not a sign of broad confidence. Crypto is mostly following equities lower, with Ethereum off 2.16% to $1,834 underperforming Bitcoin, which is holding relatively steady near $63,865. Watch whether tech finds a floor into the close. If bonds keep rallying and gold holds its gains, this rotation has legs — and the afternoon session will tell us whether this is a one-day flush or something stickier. 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
38Fear
0255075100
Market Overview
| Indices | ||
| S&P 500 | 743.77 | -0.93% |
| Nasdaq 100 | 697.17 | -1.24% |
| Dow Jones | 521.36 | -0.66% |
| Russell 2000 | 293.86 | -0.59% |
| Crypto | ||
| Bitcoin | 63,865.00 | -0.55% |
| Cardano | 0.17 | +1.52% |
| Ethereum | 1,834.69 | -2.16% |
| XRP | 1.09 | -0.42% |
| Solana | 75.00 | -1.05% |
| Commodities | ||
| Natural Gas | 10.49 | +0.67% |
| Silver | 50.69 | +0.60% |
| Gold | 368.09 | +0.86% |
| Crude Oil | 124.82 | +4.63% |
| Bonds & Rates | ||
| 20Y Treasury | 84.60% | +0.46% |
| 1-3Y Treasury | 82.03% | +0.04% |
| Short 20Y | 36.31% | -0.95% |
| Forex | ||
| EUR/USD | 1.14 | -0.28% |
| USD/JPY | 162.35 | +0.09% |
| GBP/USD | 1.34 | -0.54% |
| Dollar Index | 100.78 | +0.26% |
| Sectors | ||
| Energy | 57.62 | +1.05% |
| Technology | 176.15 | -0.77% |
| Healthcare | 161.22 | -0.36% |
| Utilities | 45.15 | -0.70% |
| Financials | 56.27 | -0.85% |
| Volatility | ||
| VIX | 21.66 | +5.35% |