Markets

Market Pulse

Post-Close Edition · Thursday, October 8, 2026

Market Pulse cover for 2026-10-08

Tech drags S&P 500 down 0.42% while energy jumps 2.97% on crude's climb Crypto takes the real damage: Cardano down 7.97%, Solana down 5.59%, as long Treasuries catch a bid.


The Daily Digest

  1. 01Nasdaq 100 down 1.34% as tech selling sets the tone for the session
  2. 02Technology sector off 1.79%, the weakest of the sectors tracked
  3. 03Energy up 2.97% as the crude oil ETF USO climbs 2.55%
  4. 04S&P 500 down 0.42% while the Dow holds a 0.12% gain on lighter tech weight
  5. 05Russell 2000 flat at down 0.05%, so small caps dodge the tech hit
  6. 0620Y Treasury ETF TLT up 0.94% as long bonds catch a bid
  7. 07Financials up 0.89%, the second strongest sector on the board
  8. 08Cardano down 7.97% and Solana down 5.59% to $109.62 in a broad crypto slide
  9. 09Bitcoin down 1.89% to $81,763, Ethereum down 3.94% to $2,470
  10. 10Gold ETF GLD up 0.73% while silver ETF SLV slips 0.69%, splitting the metals
  11. 11CNN Fear and Greed Index at 38, in Fear, with the dollar index flat at 102.36

Top Movers

Gainers

XLEEnergy+2.97%
OILCrude Oil+2.55%
TLT20Y Treasury+0.94%
XLFFinancials+0.89%
GOLDGold+0.73%

Losers

ADACardano-7.97%
SOLSolana-5.59%
ETHEthereum-3.94%
XRPXRP-3.12%
NATGASNatural Gas-1.99%

What If?

If you had put $1,000 into Energy yesterday, you'd have $1,029.70 today.


The Big Picture

Money moved out of tech and into things that come out of the ground. Technology fell 1.79% and the Nasdaq 100 dropped 1.34%, enough to pull the S&P 500 down 0.42%. The Dow, with less tech in it, finished up 0.12%. Energy did the opposite, up 2.97% as the crude oil ETF USO rose 2.55%. Financials added 0.89%. That is rotation, not a broad exit: the Russell 2000 closed almost unchanged, down 0.05%. Crypto took the heavier hit. Cardano fell 7.97%, Solana 5.59%, Ethereum 3.94%, and Bitcoin slipped 1.89% to $81,763. Long Treasuries went the other way, with the 20Y ETF TLT up 0.94%. CNN's Fear and Greed Index sits at 38, in Fear. Watch whether the tech selling stays contained to tech.

Fear & Greed Index

38Fear
0255075100

Market Overview

Indices
Nasdaq 100747.58-1.34%
Russell 2000277.57-0.05%
S&P 500773.93-0.42%
Dow Jones511.65+0.12%
Crypto
Bitcoin81,763.00-1.89%
Ethereum2,470.44-3.94%
Solana109.62-5.59%
XRP1.38-3.12%
Cardano0.23-7.97%
Commodities
Crude Oil147.58+2.55%
Gold378.62+0.73%
Silver53.45-0.69%
Natural Gas10.81-1.99%
Bonds & Rates
Short 20Y42.19%-1.84%
20Y Treasury77.87%+0.94%
1-3Y Treasury81.20%+0.05%
Forex
EUR/USD1.12+0.08%
USD/JPY158.28+0.03%
GBP/USD1.32+0.02%
Dollar Index102.36-0.05%
Sectors
Financials54.23+0.89%
Energy65.24+2.97%
Utilities41.07-0.19%
Healthcare168.16-0.39%
Technology197.78-1.79%
Volatility
VIX16.50+1.91%