Markets
Market Pulse
Post-Close Edition · Thursday, October 22, 2026
Nasdaq 100 drops 2.86% as tech sells off and defensives take the money Dow and small caps finish flat, but silver falls 5.59% and crypto slides with it.
The Daily Digest
- 01Nasdaq 100 down 2.86% as tech leads a narrow selloff
- 02Technology sector drops 3.29%, the worst sector of the session
- 03S&P 500 falls 1.18% while the Dow holds flat at plus 0.04%
- 04Russell 2000 up 0.07%, small caps shrug off the tech rout
- 05Utilities up 2.07% and healthcare up 1.32% as money rotates into defensives
- 06Financials up 1.09%, one of the few sectors in the green
- 07Silver down 5.59% and gold down 2.63%, no safe-haven bid in metals
- 08TLT up 1.87% as buyers crowd into long Treasuries
- 09Crude oil up 1.7% while energy stocks fall 0.87%
- 10Bitcoin down 4.11% to $81,154, Ethereum down 4.54% to $2,379
- 11XRP down 6.55% and Cardano down 7.91% in a broad crypto flush
- 12Fear and Greed Index at 20, Extreme Fear, per CNN
Top Movers
What If?
If you had put $1,000 into Utilities yesterday, you'd have $1,020.70 today.
The Big Picture
This is a tech selloff, not a market selloff. The Nasdaq 100 fell 2.86% and the technology sector dropped 3.29%, while the Dow finished up 0.04% and the Russell 2000 up 0.07%. The S&P 500's 1.18% loss is mostly the weight of its biggest tech names. Money did not leave the market, it moved. Utilities gained 2.07%, healthcare 1.32%, financials 1.09%. Long Treasuries caught a bid, with TLT up 1.87%. Metals broke the pattern: silver fell 5.59% and gold 2.63%, and crypto went with them, Bitcoin down 4.11% to $81,154. That is not fear buying. That is leverage coming off wherever it sits. CNN's Fear and Greed Index reads 20, Extreme Fear. Watch whether the defensive bid holds or follows tech lower.Fear & Greed Index
20Extreme Fear
0255075100
Market Overview
| Indices | ||
| Nasdaq 100 | 704.47 | -2.86% |
| Russell 2000 | 276.67 | +0.07% |
| S&P 500 | 763.96 | -1.18% |
| Dow Jones | 527.89 | +0.04% |
| Crypto | ||
| Bitcoin | 81,154.00 | -4.11% |
| Ethereum | 2,379.06 | -4.54% |
| Solana | 103.02 | -4.75% |
| XRP | 1.30 | -6.55% |
| Cardano | 0.21 | -7.91% |
| Commodities | ||
| Crude Oil | 162.51 | +1.70% |
| Gold | 369.00 | -2.63% |
| Silver | 49.34 | -5.59% |
| Natural Gas | 9.89 | -0.80% |
| Bonds & Rates | ||
| Short 20Y | 38.24% | -3.97% |
| 20Y Treasury | 81.74% | +1.87% |
| 1-3Y Treasury | 81.52% | +0.28% |
| Forex | ||
| EUR/USD | 1.12 | -0.26% |
| USD/JPY | 157.05 | -0.53% |
| GBP/USD | 1.34 | -0.19% |
| Dollar Index | 101.76 | +0.10% |
| Sectors | ||
| Financials | 56.65 | +1.09% |
| Energy | 67.57 | -0.87% |
| Utilities | 42.87 | +2.07% |
| Healthcare | 181.30 | +1.32% |
| Technology | 182.34 | -3.29% |
| Volatility | ||
| VIX | 17.70 | +6.31% |