Markets
Market Pulse
Post-Close Edition · Wednesday, July 1, 2026
Nasdaq 100 drops 1.52% as rising yields hammer tech and financials surge Bitcoin hits $60,478 and crypto rallies hard — moving opposite to the equity selloff.
The Daily Digest
- 01Tech drags Nasdaq 100 down 1.52% as session's sharpest selloff hits growth names
- 02Financials buck the trend, up 2.18% — the day's standout sector rotation
- 03S&P 500 slips 0.14%, holding near flat as losses stay contained outside tech
- 04Technology sector drops 2.57%, leading the broad risk-off move in equities
- 05Bitcoin climbs 3.38% to $60,478 as crypto catches a bid against equity weakness
- 06Solana surges 6.2% to $77.74, outpacing the broader crypto rally
- 07Cardano +8.22% to $0.155, biggest single-asset move of the session
- 08Long-duration Treasuries sell off, TLT down 1.04% as yields push higher
- 09Crude oil falls 2.98% as energy demand concerns weigh on the commodity
- 10Gold edges up 0.6% — modest safe-haven bid, not a flight-to-quality surge
- 11CNN Fear & Greed Index sits at 32 — Fear territory, consistent with today's rotation out of growth
Top Movers
What If?
If you had put $1,000 into Cardano yesterday, you'd have $1,082.20 today.
The Big Picture
Tech got hit hard today. The Nasdaq 100 dropped 1.52% while the broader S&P 500 barely moved, down just 0.14% — that gap tells the whole story. Investors rotated out of high-growth names and into financials, which surged 2.18%, the session's clear winner. Long-duration Treasuries sold off too, pushing yields higher, which is exactly the environment that pressures tech valuations. The rotation had a defensive tilt, but it wasn't a full panic. Gold added 0.6% — a mild safe-haven bid, not a rush for the exits. Oil dropped 2.98% on demand concerns. Crypto moved the other way entirely: Bitcoin climbed 3.38% to $60,478, Solana jumped 6.2%, and Cardano led all assets with an 8.22% gain — an unusual divergence from equity risk-off. The CNN Fear & Greed Index sits at 32 — Fear territory. With yields rising and growth stocks under pressure, watch whether financials can keep carrying the load or whether the selling broadens beyond tech. This is not financial advice. Acid Capitalist is a financial news and commentary site — not a registered financial adviser. Always do your own research.Fear & Greed Index
32Fear
0255075100
Market Overview
| Indices | ||
| Dow Jones | 52,305.24 | -0.03% |
| S&P 500 | 7,483.23 | -0.22% |
| Nasdaq 100 | 29,809.13 | -1.54% |
| Russell 2000 | 3,012.59 | -0.39% |
| Crypto | ||
| Bitcoin | 60,206.00 | +2.64% |
| Ethereum | 1,616.02 | +2.64% |
| Solana | 77.83 | +5.12% |
| XRP | 1.06 | +1.60% |
| Cardano | 0.15 | +3.68% |
| Commodities | ||
| Gold | 4,079.60 | -0.07% |
| Silver | 60.28 | -0.38% |
| Crude Oil | 67.74 | -1.22% |
| Natural Gas | 3.19 | -0.99% |
| Bonds & Rates | ||
| 2Y Treasury | 4.14% | +0.98% |
| 10Y Treasury | 4.44% | +1.37% |
| 20Y Treasury | 4.93% | +1.44% |
| Forex | ||
| EUR/USD | 1.14 | +0.13% |
| USD/JPY | 161.74 | -0.48% |
| GBP/USD | 1.33 | +0.19% |
| Dollar Index | 101.28 | -0.11% |
| Sectors | ||
| Technology | 185.62 | -2.57% |
| Energy | 52.81 | -0.56% |
| Healthcare | 159.54 | +0.55% |
| Utilities | 44.77 | -1.26% |
| Financials | 54.78 | +2.18% |
| Volatility | ||
| VIX | 16.59 | +0.85% |