Markets

Market Pulse

Post-Close Edition · Monday, September 28, 2026

Market Pulse cover for 2026-09-28

Precious metals crack: silver down 5.49%, gold down 3.94%, stocks slide with them S&P 500 off 0.74% as financials lead the drop and Fear and Greed sits at 34.


The Daily Digest

  1. 01Silver ETF SLV drops 5.49%, the biggest move on the board
  2. 02Gold ETF GLD falls 3.94% as the metals bid unwinds
  3. 03S&P 500 down 0.74% in a broad, orderly session-long slide
  4. 04Nasdaq 100 off 1.07%, the weakest of the major indices
  5. 05Dow Jones down 0.67% and Russell 2000 down 0.69%, no hiding place by size
  6. 06Financials worst sector at -1.19%, technology next at -0.89%
  7. 07Healthcare +0.33% and energy +0.10% the only sectors to close green
  8. 08Crude oil ETF USO up 1.13%, the day's clearest counter-move
  9. 09Natural gas ETF UNG slides 3.05%
  10. 10TLT, the 20-year Treasury fund, falls 0.88% as long-dated yields rise
  11. 11Bitcoin down 1.28% to $83,482, Solana off 3.26% to $118.75
  12. 12CNN Fear and Greed Index reads 34, in Fear

Top Movers

Gainers

TBTShort 20Y+1.52%
OILCrude Oil+1.13%
XLVHealthcare+0.33%
DXYDollar Index+0.11%
XLEEnergy+0.10%

Losers

SLVSilver-5.49%
GOLDGold-3.94%
ADACardano-3.73%
SOLSolana-3.26%
NATGASNatural Gas-3.05%

What If?

If you had put $1,000 into Short 20Y yesterday, you'd have $1,015.20 today.


The Big Picture

The selling started in metals and spread. Silver dropped 5.49% and gold 3.94%, the two biggest moves on the board, and equities offered no shelter: the S&P 500 fell 0.74%, the Nasdaq 100 1.07%, the Dow 0.67% and the Russell 2000 0.69%. Long bonds went with them. TLT, the fund that holds 20-year Treasuries, lost 0.88%, which means long-dated yields rose. The dollar index gained 0.11% to 101.09. Financials were the weakest sector at -1.19% and technology fell 0.89%, while only healthcare, up 0.33%, and energy, up 0.10%, closed higher. Crude was the day's other exception, up 1.13%. Crypto followed stocks down, bitcoin off 1.28% to $83,482. CNN's Fear and Greed Index sits at 34, in Fear. The level to watch is gold: one 3.94% day is a shakeout, a second one is a trend.

Fear & Greed Index

34Fear
0255075100

Market Overview

Indices
Nasdaq 100736.53-1.07%
Russell 2000280.02-0.69%
S&P 500765.61-0.74%
Dow Jones514.02-0.67%
Crypto
Bitcoin83,482.00-1.28%
Ethereum2,680.44-0.24%
Solana118.75-3.26%
XRP1.49-2.15%
Cardano0.25-3.73%
Commodities
Crude Oil150.01+1.13%
Gold377.91-3.94%
Silver54.95-5.49%
Natural Gas10.79-3.05%
Bonds & Rates
Short 20Y41.53%+1.52%
20Y Treasury78.62%-0.88%
1-3Y Treasury81.11%-0.12%
Forex
EUR/USD1.14-0.22%
USD/JPY156.88-0.45%
GBP/USD1.33+0.08%
Dollar Index101.09+0.11%
Sectors
Financials54.19-1.19%
Energy62.10+0.10%
Utilities39.25-0.66%
Healthcare171.26+0.33%
Technology194.53-0.89%
Volatility
VIX16.79+1.08%