Markets

Market Pulse

Post-Close Edition · Thursday, October 29, 2026

Market Pulse cover for 2026-10-29

Nasdaq 100 drops 1.42% as money rotates out of tech into healthcare Small caps gain 0.97%, but silver falls 3.63% and bitcoin sheds 2.87%. This is not a flight to safety.


The Daily Digest

  1. 01Nasdaq 100 down 1.42% as megacap tech leads the selling
  2. 02Technology sector down 1.18%, the only sector in the red
  3. 03Russell 2000 up 0.97%, small caps break from the tech slide
  4. 04S&P 500 off 0.38% and Dow down 0.37%, both cushioned by non-tech sectors
  5. 05Healthcare up 2.4%, the strongest sector of the session
  6. 06Utilities up 1.53% and financials up 1.44% as cash rotates out of tech
  7. 07Bitcoin down 2.87% to $78,935 as crypto sells off across the board
  8. 08Cardano down 6.65%, XRP down 5.75% and Solana down 5.39% lead the altcoin losses
  9. 09Silver down 3.63% and gold down 1.32% as the metals bid unwinds
  10. 10Natural gas down 3.37% while crude oil gains 0.97%
  11. 11TLT, the 20Y Treasury ETF, up 0.62% as buyers take the long end
  12. 12CNN Fear and Greed Index at 35, in Fear

Top Movers

Gainers

XLVHealthcare+2.40%
XLUUtilities+1.53%
XLFFinancials+1.44%
OILCrude Oil+0.97%
RUTRussell 2000+0.97%

Losers

ADACardano-6.65%
XRPXRP-5.75%
SOLSolana-5.39%
ETHEthereum-3.95%
SLVSilver-3.63%

What If?

If you had put $1,000 into Healthcare yesterday, you'd have $1,024.00 today.


The Big Picture

Tech took the hit and almost nothing else did. The Nasdaq 100 fell 1.42% and the technology sector dropped 1.18%, while the Russell 2000 gained 0.97% and healthcare rose 2.4%. The S&P 500 lost just 0.38% because everything outside tech absorbed it. The same split showed up elsewhere. Silver fell 3.63% and gold 1.32%, so this is not a rush into hard assets. Bitcoin fell 2.87% to $78,935, with Cardano down 6.65% and XRP down 5.75%. Long Treasuries caught a bid, TLT up 0.62%, and crude oil rose 0.97%. CNN's Fear and Greed Index sits at 35, Fear. Utilities up 1.53% and financials up 1.44% say money is rotating, not leaving. The level to watch is whether small caps hold the 0.97% gain if tech keeps selling.

Fear & Greed Index

35Fear
0255075100

Market Overview

Indices
Nasdaq 100715.34-1.42%
Russell 2000284.01+0.97%
S&P 500769.36-0.38%
Dow Jones522.73-0.37%
Crypto
Bitcoin78,935.00-2.87%
Ethereum2,268.64-3.95%
Solana97.05-5.39%
XRP1.25-5.75%
Cardano0.19-6.65%
Commodities
Crude Oil168.19+0.97%
Gold368.57-1.32%
Silver47.28-3.63%
Natural Gas9.18-3.37%
Bonds & Rates
Short 20Y38.57%-1.13%
20Y Treasury81.49%+0.62%
1-3Y Treasury81.58%+0.14%
Forex
EUR/USD1.11-0.03%
USD/JPY158.06+0.06%
GBP/USD1.33+0.22%
Dollar Index102.28-0.06%
Sectors
Financials56.94+1.44%
Energy68.71+0.38%
Utilities43.14+1.53%
Healthcare184.04+2.40%
Technology188.74-1.18%
Volatility
VIX16.66-2.12%