Midday Brief

Jun 23 · 12:00 PM EDT

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Markets are showing clear signs of fear with major indices down and volatility spiking, while defensive sectors like Consumer Staples, Real Estate, and Utilities provide some support amid a broad tech selloff where Apple stands out as a rare exception. The surge in volatility alongside rising yields and a stronger dollar underscores investor caution ahead of key earnings.

Market Snapshot

IndexPriceChange
S&P 5007,387.80-1.14%
Dow Jones51,744.97+0.06%
Nasdaq25,726.18-1.68%
Russell 20002,978.17-0.87%
VIX19.63+13.60%
Sentiment:Fear (28)-11 from last week

Sector Performance

Leaders

Cons. Staples+1.80%
Real Estate+1.24%
Utilities+0.87%

Laggards

Technology-3.57%
Industrials-1.50%
Cons. Disc.-0.78%

Cross-Asset Moves

10Y Yield

4.48%

+0.03

Gold

$4,153.00

-0.69%

Oil (WTI)

$72.91

-2.55%

Bitcoin

$62,401.99

-2.42%

USD Index

101.40

+0.38%

HYG

$79.91

-0.04%

Current Headlines

Focus will be on FedEx and General Mills earnings later today to gauge how these companies navigate the current risk-off environment and elevated market volatility.

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Midday Brief: S&P -1.1%, Fear — Jun 23 — Investica