Closing Brief
Jul 23 · 4:30 PM EDT
Markets faced heightened fear as major indices declined alongside a surge in volatility, with industrials and healthcare offering some resilience amid mixed earnings that saw notable beats from key tech and industrial names. The megacap portfolio maintained its strength relative to the broader market despite the cautious tone.
Market Snapshot›
| Index | Price | Change |
|---|---|---|
| S&P 500 | 7,408.30 | -1.21% |
| Dow Jones | 51,711.65 | -0.97% |
| Nasdaq | 25,137.69 | -2.15% |
| Russell 2000 | 2,940.16 | -0.67% |
| VIX | 18.70 | +12.38% |
Sentiment:Fear (40)-1 from last week
Sector Performance
Leaders
Industrials+1.73%
Healthcare+1.26%
Utilities+0.57%
Laggards
Cons. Disc.-4.61%
Comm. Svc.-3.50%
Cons. Staples-1.39%
Cross-Asset Moves
10Y Yield
4.70%
+0.05
Gold
$4,051.00
-2.31%
Oil (WTI)
$91.82
+5.75%
Bitcoin
$65,118.00
-1.49%
USD Index
101.44
+0.30%
HYG
$79.23
-0.36%
Earnings Reported Today
Signal Performance
Megacap Portfolio (2026-07 month-to-date)View signals ›
+5.7% portfolio-1.2% SPY
Current Headlines
- OpenAI's Hugging Face hack triggers 'AI Kill Switch' bill in CongressCNBC
- Wall Street stumbles as oil surges, and Lilly takes a new path on next-gen obesity drugCNBC
- US House votes to curb Trump's Iran war powers but Senate backs presidentReuters
- Cramer has a problem with Alphabet. Plus, updates on 2 industrialsCNBC
- 'The Odyssey' is cleaning up for IMAX. Expect the momentum to continueCNBC
Today's Events
Economic Calendar ›
| Event | Forecast | Previous |
|---|---|---|
| Continuing Jobless Claims | — | — |
| Initial Jobless Claims | — | — |
| 10-Year TIPS Auction | — | 2.169% |
Attention turns to tomorrow's continuing and initial jobless claims data, which will be closely watched for further insight into labor market conditions.
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