Markets
Market Pulse
Midday Edition · Friday, August 28, 2026
Gold and silver crack 3% as a deleveraging wave hits hard assets Crypto falls with them while the S&P 500 gives up just 0.26% and the dollar barely moves.
The Daily Digest
- 01Silver drops 3.78% in the sharpest move of the session as precious metals flush
- 02Gold falls 3.07%, its worst stretch of the month, with no dollar move behind it
- 03Bitcoin down 3.17% to $77,922 as the whole crypto complex sells off
- 04Cardano -5.84% and XRP -4.54% lead the altcoin losses
- 05Russell 2000 off 1.21%, small caps take the brunt of the risk-off move
- 06Nasdaq 100 down 0.68% as tech leads the index losses
- 07Technology sector slides 1.39%, the weakest corner of the S&P
- 08S&P 500 slips just 0.26% and the Dow is flat at -0.06%, damage stays contained
- 09Energy up 0.40% and financials up 0.38%, the only sectors holding green
- 10Utilities fall 1.23%, no defensive bid showing up in the selloff
- 11Dollar index flat at 99.21, confirming this is not a currency story
- 12Fear and Greed at 54, the crowd still reads this as neutral
Top Movers
What If?
If you had put $1,000 into Short 20Y yesterday, you'd have $1,006.10 today.
The Big Picture
The selling today is concentrated in the things people buy with borrowed money. Gold drops 3.07%, silver 3.78%, and bitcoin 3.17% to $77,922, while the S&P 500 gives up only 0.26%. That gap matters. When metals and crypto fall together and stocks barely flinch, it usually means positions are being unwound, not that the outlook changed. The dollar backs that up. The dollar index sits at 99.21, essentially unchanged, so this is not a currency squeeze. Inside equities the damage lands where risk lives: Russell 2000 down 1.21%, tech off 1.39%. Energy adds 0.40% and financials 0.38%. Watch the defensives. Utilities fell 1.23% alongside everything else, so there is no safety trade forming yet. Fear and Greed sits at 54, dead neutral.Fear & Greed Index
54Neutral
0255075100
Market Overview
| Indices | ||
| S&P 500 | 769.08 | -0.26% |
| Nasdaq 100 | 716.23 | -0.68% |
| Dow Jones | 534.91 | -0.06% |
| Russell 2000 | 296.19 | -1.21% |
| Crypto | ||
| Bitcoin | 77,922.00 | -3.17% |
| Ethereum | 2,443.50 | -3.00% |
| Solana | 104.86 | -2.90% |
| XRP | 1.39 | -4.54% |
| Cardano | 0.20 | -5.84% |
| Commodities | ||
| Silver | 60.40 | -3.78% |
| Natural Gas | 10.35 | -0.77% |
| Gold | 409.62 | -3.07% |
| Crude Oil | 129.76 | -0.19% |
| Bonds & Rates | ||
| 1-3Y Treasury | 81.91% | -0.15% |
| Short 20Y | 37.68% | +0.61% |
| 20Y Treasury | 82.95% | -0.22% |
| Forex | ||
| EUR/USD | 1.16 | -0.02% |
| USD/JPY | 159.68 | +0.18% |
| GBP/USD | 1.36 | +0.01% |
| Dollar Index | 99.21 | +0.02% |
| Sectors | ||
| Technology | 185.99 | -1.39% |
| Energy | 62.54 | +0.40% |
| Utilities | 42.65 | -1.23% |
| Financials | 58.10 | +0.38% |
| Healthcare | 170.90 | -0.40% |
| Volatility | ||
| VIX | 17.61 | +1.50% |