Markets

Market Pulse

Post-Close Edition · Tuesday, August 4, 2026

Nasdaq 100 jumps 3.4% as tech surge drives the broadest rally of the year Crude oil's 5.19% drop and bonds rallying alongside stocks say the optimism has a hedge underneath it.


The Daily Digest

  1. 01Nasdaq 100 up 3.4% as tech dominates the session — biggest single-day move across major indices
  2. 02Technology sector surges 4.98%, the clear engine of today's rally while energy, utilities, and healthcare all close flat or red
  3. 03S&P 500 up 1.8% on broad risk-on buying across equities
  4. 04Russell 2000 up 1.85% — small caps confirm the rally isn't just a mega-cap story
  5. 05Crude oil drops 5.19% (USO ETF), the sharpest commodity move of the session as demand concerns resurface
  6. 06Natural gas falls 3.36%, extending the pressure on the energy complex
  7. 07SLV ETF climbs 2.63% as silver catches a bid alongside the broader risk-on tone
  8. 08GLD ETF up 0.66% — gold holds its ground even as risk appetite returns
  9. 09Long-duration Treasuries gain 0.77% (TLT), a mild flight-to-quality bid running alongside the equity rally
  10. 10Dollar Index edges up 0.22% to 99.94 — modest strength, not enough to dent the risk trade
  11. 11Bitcoin holds above $64,200, up 0.89% — crypto steady but not leading today's move
  12. 12CNN Fear & Greed Index sits at 58 — Greed, consistent with today's tone

Top Movers

Gainers

XLKTechnology+4.98%
NDXNasdaq 100+3.40%
SLVSilver+2.63%
RUTRussell 2000+1.85%
SPXS&P 500+1.80%

Losers

OILCrude Oil-5.19%
NATGASNatural Gas-3.36%
TBTShort 20Y-1.47%
ADACardano-0.61%
XLUUtilities-0.56%

What If?

If you had put $1,000 into Technology yesterday, you'd have $1,049.80 today.


The Big Picture

Tech lit the fuse. The Nasdaq 100 jumped 3.4% — its biggest single-session move of the major indices — dragging the S&P 500 up 1.8% in its wake. Technology as a sector surged nearly 5%, doing most of the heavy lifting. The Russell 2000 added 1.85%, which matters: when small caps confirm a rally, it's broader than just a handful of mega-cap names running. The commodity picture tells a different story. Crude oil fell 5.19% — a sharp drop that signals demand worry, not supply shock — and natural gas slid another 3.36%. Energy stocks barely moved, which suggests the market isn't panicking, just repricing. Silver gained 2.63% and gold held up 0.66% even as risk appetite returned — an unusual pairing that points to genuine uncertainty underneath the equity optimism. Long-duration Treasuries quietly gained 0.77% alongside stocks. Bonds and equities rallying together isn't the clean "risk-on" signal it looks like — it often means the market is hedging both ways. Watch that divergence. *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

58Greed
0255075100

Market Overview

Indices
S&P 500771.33+1.80%
Nasdaq 100723.85+3.40%
Dow Jones540.43+1.73%
Russell 2000301.71+1.85%
Crypto
Bitcoin64,225.00+0.89%
Ethereum1,873.61+0.48%
Solana74.07+0.48%
XRP1.08-0.26%
Cardano0.19-0.61%
Commodities
Natural Gas9.77-3.36%
Silver53.84+2.63%
Gold374.16+0.66%
Crude Oil115.78-5.19%
Bonds & Rates
20Y Treasury82.82%+0.77%
1-3Y Treasury81.87%+0.12%
Short 20Y37.61%-1.47%
Forex
EUR/USD1.15-0.17%
USD/JPY157.41+0.47%
GBP/USD1.34-0.18%
Dollar Index99.94+0.22%
Sectors
Energy58.52-0.46%
Technology186.90+4.98%
Healthcare162.10-0.09%
Utilities44.11-0.56%
Financials57.88+0.87%
Volatility
VIX20.45+0.49%