Markets

Market Pulse

Post-Close Edition · Monday, August 24, 2026

Market Pulse cover for 2026-08-24

Nasdaq 100 falls 1% as money rotates out of tech Financials climb 1.29% and the Dow closes green while long Treasury yields ease lower.


The Daily Digest

  1. 01Nasdaq 100 down 1% as the Technology sector drops 1.78%
  2. 02S&P 500 slips 0.29%, cushioned by rotation into value names
  3. 03Dow Jones up 0.27%, the only major index to close green
  4. 04Financials up 1.29%, the strongest sector on the board
  5. 05Utilities up 1.05% as cash hunts defensive yield
  6. 06Russell 2000 down 0.66% as small caps follow the risk-off tone
  7. 07TLT up 0.62% as long Treasury yields ease lower
  8. 08Gold up 0.79% on a steady haven bid
  9. 09Crude oil down 1.8%, pulling the Energy sector 0.83% lower
  10. 10Bitcoin up 1.91% to $78,892, ignoring the equity wobble
  11. 11Dollar index up 0.33% to 99 as EUR/USD slides to 1.1664

Top Movers

Gainers

BTCBitcoin+1.91%
NATGASNatural Gas+1.60%
SOLSolana+1.48%
XLFFinancials+1.29%
XLUUtilities+1.05%

Losers

ADACardano-2.45%
OILCrude Oil-1.80%
XLKTechnology-1.78%
XRPXRP-1.76%
TBTShort 20Y-1.22%

What If?

If you had put $1,000 into Bitcoin yesterday, you'd have $1,019.10 today.


The Big Picture

This was a rotation, not a retreat. Technology fell 1.78% and dragged the Nasdaq 100 down 1%. The money did not leave the market though. It moved. Financials gained 1.29%, utilities 1.05%, and the Dow closed up 0.27%. Long Treasuries rose 0.62%, which means long yields eased, a tailwind for the dividend payers investors were buying. Gold added 0.79% while crude fell 1.8%, taking energy stocks down 0.83% with it. The dollar firmed 0.33%. Here is the tension. CNN's Fear and Greed Index still reads 55, squarely in greed, and Bitcoin climbed 1.91% to $78,892 while stocks sagged. Neither of those looks like fear. That makes this a positioning shift rather than a scare, and it holds only while yields keep drifting lower.

Fear & Greed Index

55Greed
0255075100

Market Overview

Indices
S&P 500763.47-0.29%
Nasdaq 100706.32-1.00%
Dow Jones533.65+0.27%
Russell 2000297.97-0.66%
Crypto
Bitcoin78,892.00+1.91%
Ethereum2,473.07+1.01%
Solana96.51+1.48%
XRP1.48-1.76%
Cardano0.22-2.45%
Commodities
Silver62.20-0.83%
Natural Gas10.15+1.60%
Gold426.69+0.79%
Crude Oil132.21-1.80%
Bonds & Rates
1-3Y Treasury82.00%-0.01%
Short 20Y38.03%-1.22%
20Y Treasury82.56%+0.62%
Forex
EUR/USD1.17-0.30%
USD/JPY159.12+0.26%
GBP/USD1.36-0.16%
Dollar Index99.00+0.33%
Sectors
Technology180.05-1.78%
Energy63.11-0.83%
Utilities43.22+1.05%
Financials58.22+1.29%
Healthcare174.70+0.05%
Volatility
VIX18.24+0.16%