Markets

Market Pulse

Pre-Market Edition · Friday, October 16, 2026

Market Pulse cover for 2026-10-16

Tech sells off 2.98% pre-market while healthcare and small caps rally Silver drops 6.11% as gold climbs 1.79%, leaving the S&P 500 flat at +0.09%.


The Daily Digest

  1. 01Technology sector down 2.98% pre-market, the session's biggest drag
  2. 02Nasdaq 100 down 1.97% as tech leads the losses
  3. 03Healthcare up 2.53%, the strongest sector on the board
  4. 04Russell 2000 up 1.37% as small caps catch the rotation bid
  5. 05Dow Jones up 1.08%, old-economy names outrunning tech
  6. 06S&P 500 up 0.09%, flat as sector moves cancel each other out
  7. 07Silver down 6.11% while gold climbs 1.79%, a rare split between the two
  8. 08TLT 20Y Treasury ETF up 1.98%, putting long yields lower
  9. 09Ethereum +4.66% to $2,454 leads a broad crypto bid
  10. 10Bitcoin +1.77% to $81,806, shrugging off the equity weakness
  11. 11Energy up 0.64% while financials slip 0.55%
  12. 12Fear and Greed Index at 30, Fear, per CNN

Top Movers

Gainers

ETHEthereum+4.66%
ADACardano+4.05%
SOLSolana+3.60%
XRPXRP+2.77%
XLVHealthcare+2.53%

Losers

SLVSilver-6.11%
XLKTechnology-2.98%
NDXNasdaq 100-1.97%
NATGASNatural Gas-1.67%
TBTShort 20Y-1.08%

What If?

If you had put $1,000 into Ethereum yesterday, you'd have $1,046.60 today.


The Big Picture

Money is moving out of tech and into everything else. Technology is down 2.98% pre-market and the Nasdaq 100 down 1.97%, while healthcare gains 2.53%, the Russell 2000 adds 1.37% and the Dow adds 1.08%. The S&P 500 sits at +0.09%, flat only because the two sides cancel out. Long bonds are bid: TLT up 1.98%, which puts long yields lower. Gold adds 1.79%. Silver is the outlier, down 6.11% from its previous close, a break from gold, which it usually tracks. Crypto ignores the equity selloff, with Ethereum up 4.66% to $2,454 and Bitcoin up 1.77% to $81,806. CNN's Fear and Greed Index reads 30, Fear. Watch whether silver's 6.11% drop spreads to gold.

Fear & Greed Index

30Fear
0255075100

Market Overview

Indices
Nasdaq 100728.95-1.97%
Russell 2000275.08+1.37%
Dow Jones521.18+1.08%
S&P 500772.49+0.09%
Crypto
Bitcoin81,806.00+1.77%
Ethereum2,453.83+4.66%
Solana105.41+3.60%
XRP1.33+2.77%
Cardano0.23+4.05%
Commodities
Crude Oil153.56+0.31%
Gold382.71+1.79%
Silver50.22-6.11%
Natural Gas11.22-1.67%
Bonds & Rates
Short 20Y41.19%-1.08%
20Y Treasury80.45%+1.98%
1-3Y Treasury81.17%-0.02%
Sectors
Financials54.52-0.55%
Energy67.63+0.64%
Utilities41.70-0.04%
Healthcare173.96+2.53%
Technology190.43-2.98%
Volatility
VIX16.53+3.18%