Markets

Market Pulse

Post-Close Edition · Friday, July 17, 2026

Nasdaq 100 drops 1.5% as tech selloff drags markets into Fear territory Crude surges 3.9% on supply concerns — energy the only sector bucking the risk-off tide.


The Daily Digest

  1. 01Nasdaq 100 leads equities lower, down 1.5% as tech selling defines the session
  2. 02S&P 500 drops 1.0% broad-based, fear/greed index sits at 37 — Fear territory per CNN
  3. 03Technology sector off 1.1%, the day's worst performer among major sectors
  4. 04Energy bucks the selloff, XLE up 1.2% as crude surges 3.9% on supply concerns
  5. 05Long-dated Treasuries catch a bid, TLT up 0.4% as investors rotate out of equities
  6. 06Gold ETF (GLD) climbs 0.95% as safe-haven demand picks up alongside the equity drop
  7. 07Dollar firms slightly, DXY up 0.26% with GBP/USD the notable loser at -0.54%
  8. 08Ethereum drops 1.7% to $1,845 as crypto follows risk assets lower
  9. 09Bitcoin holds near flat at $64,159 — decoupling from the broader risk-off move
  10. 10Crude oil up 3.9% — the session's standout move, lifting energy stocks against the tape

Top Movers

Gainers

OILCrude Oil+3.91%
ADACardano+2.08%
XLEEnergy+1.16%
GOLDGold+0.95%
NATGASNatural Gas+0.86%

Losers

ETHEthereum-1.71%
NDXNasdaq 100-1.50%
XLKTechnology-1.09%
SOLSolana-1.06%
SPXS&P 500-0.99%

What If?

If you had put $1,000 into Crude Oil yesterday, you'd have $1,039.10 today.


The Big Picture

Tech sold off hard today and dragged the broader market with it. The Nasdaq 100 fell 1.5%, the S&P 500 dropped 1.0%, and the technology sector was the worst performer on the day, down 1.1%. With the CNN Fear & Greed index sitting at 37 — squarely in Fear territory — this wasn't a dip-buyers' session. The one place money wanted to go was energy. Crude surged 3.9% on supply concerns, pulling energy stocks up 1.2% against the tape. Meanwhile, the classic risk-off playbook ran in parallel: long-dated Treasuries caught a bid (TLT +0.4%), gold climbed 0.95%, and the dollar firmed slightly. Investors weren't just selling tech — they were repositioning. Bitcoin held near flat at $64,159 while Ethereum fell 1.7%, a split worth watching. When Bitcoin decouples from broader risk-off pressure, it sometimes signals institutional accumulation. One session doesn't make a trend, but it's a data point. 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

37Fear
0255075100

Market Overview

Indices
S&P 500743.29-0.99%
Nasdaq 100695.33-1.50%
Dow Jones520.81-0.77%
Russell 2000294.04-0.52%
Crypto
Bitcoin64,159.00+0.04%
Cardano0.17+2.08%
Ethereum1,844.98-1.71%
XRP1.09-0.56%
Solana75.10-1.06%
Commodities
Natural Gas10.51+0.86%
Silver50.78+0.77%
Gold368.41+0.95%
Crude Oil123.96+3.91%
Bonds & Rates
20Y Treasury84.52%+0.37%
1-3Y Treasury81.99%-0.01%
Short 20Y36.33%-0.90%
Forex
EUR/USD1.14-0.28%
USD/JPY162.35+0.09%
GBP/USD1.34-0.54%
Dollar Index100.78+0.26%
Sectors
Energy57.68+1.16%
Technology175.59-1.09%
Healthcare161.09-0.44%
Utilities45.17-0.66%
Financials56.26-0.86%
Volatility
VIX21.65+5.30%