Markets

Market Pulse

Post-Close Edition · Monday, August 31, 2026

Market Pulse cover for 2026-08-31

Oil jumps 3.1% and drags the S&P 500 down 0.3% Energy is the only sector really working as rising yields punish utilities and the dollar firms.


The Daily Digest

  1. 01Crude oil up 3.08%, the biggest move on the board in today's session
  2. 02Energy sector up 2.04% as the crude bid lifts producers
  3. 03S&P 500 slips 0.3% as the oil move squeezes the rest of the tape
  4. 04Dow Jones down 0.65%, the weakest of the major indices
  5. 05Russell 2000 down 0.62% as small caps feel the pull of higher yields
  6. 06Nasdaq 100 flat at up 0.05%, tech holds the line while the rest sags
  7. 07Utilities down 1.17%, the worst sector as long yields climb
  8. 08TLT down 0.43%, long Treasury prices fall and yields push higher
  9. 09Natural gas up 2.03%, a second leg to the energy story
  10. 10Dollar index up 0.34% to 99.55, EUR/USD down 0.4% to 1.1596
  11. 11Bitcoin steady at $78,850 while Ethereum drops 0.87% to $2,472
  12. 12Fear and Greed Index sits at exactly 50, dead neutral

Top Movers

Gainers

OILCrude Oil+3.08%
XLEEnergy+2.04%
NATGASNatural Gas+2.03%
TBTShort 20Y+1.01%
XLKTechnology+0.44%

Losers

ADACardano-1.34%
SOLSolana-1.18%
XLUUtilities-1.17%
ETHEthereum-0.87%
XRPXRP-0.79%

What If?

If you had put $1,000 into Crude Oil yesterday, you'd have $1,030.80 today.


The Big Picture

Oil ran the session. Crude jumped 3.08%, natural gas added 2.03%, and energy stocks rose 2.04%. Everything else paid for it: the S&P 500 slipped 0.3%, the Dow fell 0.65%, and the Russell 2000 dropped 0.62%. Higher energy costs feed inflation expectations, and the bond market noticed. Long Treasuries fell 0.43%, which means yields rose. That hurt utilities most, down 1.17%, because those stocks are owned for their dividends and compete directly with bonds. Financials lost 0.67%. Tech ignored all of it, up 0.44%, which kept the Nasdaq 100 flat. The dollar firmed 0.34% and gold went nowhere, so this is not a fear trade. Fear and Greed sits at exactly 50. The question is whether crude holds the gain. If it does, the rate cut math gets harder.

Fear & Greed Index

50Neutral
0255075100

Market Overview

Indices
S&P 500767.05-0.30%
Nasdaq 100716.76+0.05%
Dow Jones531.57-0.65%
Russell 2000293.93-0.62%
Crypto
Bitcoin78,850.00+0.26%
Ethereum2,472.05-0.87%
Solana103.70-1.18%
XRP1.39-0.79%
Cardano0.20-1.34%
Commodities
Silver60.13+0.18%
Natural Gas10.54+2.03%
Gold408.42-0.11%
Crude Oil133.70+3.08%
Bonds & Rates
1-3Y Treasury81.89%0.00%
Short 20Y38.15%+1.01%
20Y Treasury82.52%-0.43%
Forex
EUR/USD1.16-0.40%
USD/JPY159.73+0.03%
GBP/USD1.35-0.32%
Dollar Index99.55+0.34%
Sectors
Technology186.50+0.44%
Energy63.96+2.04%
Utilities42.23-1.17%
Financials57.71-0.67%
Healthcare170.54-0.36%
Volatility
VIX17.28-2.15%