Daily edition · 25 June 2026

The market at a glance

The brief for 25 June 2026. Read today’s brief

Market sentiment

History shown

27% bullish — 27% of the articles that took a side on S&P 500 and Nasdaq 100 argued equities higher this week.

Of articles taking a side · Past 7 days

S&P 500 · Nasdaq 100

From 32% on 22 Jun to 27% on 25 Jun; low 11% on 24 Jun, high 32% on 22 Jun. 3 days have no reading and are left as a gap.

Equities narrative sentiment, the 7 days to 25 Jun 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)
2026-06-22	32
2026-06-23	20
2026-06-24	11
2026-06-25	27

From 32% on 22 Jun to 27% on 25 Jun; low 11% on 24 Jun, high 32% on 22 Jun. 26 days have no reading and are left as a gap.

Equities narrative sentiment, the 30 days to 25 Jun 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)
2026-06-22	32
2026-06-23	20
2026-06-24	11
2026-06-25	27

From 32% on 22 Jun to 27% on 25 Jun; low 11% on 24 Jun, high 32% on 22 Jun. 86 days have no reading and are left as a gap.

Equities narrative sentiment, the 90 days to 25 Jun 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)
2026-06-22	32
2026-06-23	20
2026-06-24	11
2026-06-25	27

From 70% on 21 Jun to 47% on 25 Jun; low 47% on 25 Jun, high 70% on 21 Jun. 2 days have no reading and are left as a gap.

Crypto narrative sentiment, the 7 days to 25 Jun 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)
2026-06-21	70
2026-06-22	59
2026-06-23	66
2026-06-24	56
2026-06-25	47

From 70% on 21 Jun to 47% on 25 Jun; low 47% on 25 Jun, high 70% on 21 Jun. 25 days have no reading and are left as a gap.

Crypto narrative sentiment, the 30 days to 25 Jun 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)
2026-06-21	70
2026-06-22	59
2026-06-23	66
2026-06-24	56
2026-06-25	47

From 70% on 21 Jun to 47% on 25 Jun; low 47% on 25 Jun, high 70% on 21 Jun. 85 days have no reading and are left as a gap.

Crypto narrative sentiment, the 90 days to 25 Jun 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)
2026-06-21	70
2026-06-22	59
2026-06-23	66
2026-06-24	56
2026-06-25	47

No observations in the 7 days shown.

Bonds narrative sentiment, the 7 days to 25 Jun 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)

No observations in the 30 days shown.

Bonds narrative sentiment, the 30 days to 25 Jun 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)

No observations in the 90 days shown.

Bonds narrative sentiment, the 90 days to 25 Jun 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)

No observations in the 7 days shown.

Metals narrative sentiment, the 7 days to 25 Jun 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)

No observations in the 30 days shown.

Metals narrative sentiment, the 30 days to 25 Jun 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)

No observations in the 90 days shown.

Metals narrative sentiment, the 90 days to 25 Jun 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)

How this is measured

What moved markets on 25 June?

No commentary was saved for this edition.

25 June 2026 · Narrative sentiment measures published coverage, not investor opinions or price returns.

Selected asset readings · 25 June

The assets whose readings moved most in this edition. Explore the coverage around each.

Swipe to see the selected assets

Equities · NDX

Nasdaq 100

Narrative sentiment

27% bullish

Of articles taking a side · 7 days to 24 June 2026

Bullish share up 19 points since 24 Jun

Equities · SPX

S&P 500

Narrative sentiment

28% bullish

Of articles taking a side · 7 days to 24 June 2026

Bullish share up 14 points since 24 Jun

Equities · DJI

Dow Jones

Narrative sentiment

72% bullish

Of articles taking a side · 7 days to 24 June 2026

Bullish share up 13 points since 24 Jun

Crypto · BTC

Bitcoin

Narrative sentiment

42% bullish

Of articles taking a side · 7 days to 24 June 2026

Bullish share down 10 points since 24 Jun

Commodities · OIL

Crude Oil

Narrative sentiment

9% bullish

Of articles taking a side · 7 days to 24 June 2026

Bullish share down 8 points since 24 Jun

In short

Oil's mood has quietly shifted — stories about the US cracking down on Iran's oil shipments are suddenly getting a lot more attention, pushing prices higher.

Crypto · ETH

Ethereum

Narrative sentiment

48% bullish

Of articles taking a side · 7 days to 24 June 2026

Bullish share down 6 points since 24 Jun

Crypto · SOL

Solana

Narrative sentiment

68% bullish

Of articles taking a side · 7 days to 24 June 2026

Bullish share down 4 points since 24 Jun

1 of 7

Narratives gaining or losing attention

The narratives whose share of coverage changed most in this edition.

Scroll sideways or use the arrows

Accelerating

US-Iran Talks Oil Price Relief

Crude Oil · Bearish

The argument: Talks between the US and Iran are easing oil prices.

Attention: 6.2% → 27.8% of Crude Oil coverage in the 3 days to 25 Jun, vs the 3 days before.

Read the narrative: US-Iran Talks Oil Price Relief

Accelerating

XRP Consolidation Breakdown Seller Pressure

XRP · Bearish

The argument: XRP's breakdown from a multi-month consolidation structure with high volume confirms seller control, and the asset remains under pressure despite stabilization attempts

Attention: 21.6% → 36.8% of XRP coverage in the 3 days to 25 Jun, vs the 3 days before.

Read the narrative: XRP Consolidation Breakdown Seller Pressure

Accelerating

Tech Earnings Season Sell-Off

Nasdaq 100 · Bearish

The argument: Tech stocks are likely to be sold off in droves after a disastrous earnings season.

Attention: 0% → 11.3% of Nasdaq 100 coverage in the 3 days to 25 Jun, vs the 3 days before.

Read the narrative: Tech Earnings Season Sell-Off

Accelerating

AI Chip Stock Selloff Pressure

Nasdaq 100 · Bearish

The argument: Weakness in AI-infrastructure stocks and chip makers is dragging the broader market lower and weighing on market sentiment.

Attention: 0% → 10.7% of Nasdaq 100 coverage in the 3 days to 25 Jun, vs the 3 days before.

Read the narrative: AI Chip Stock Selloff Pressure

Emerging

Solana Gasless USDC Transfer Adoption

Solana · Bullish

The argument: Gasless transfers on TON and Solana remove transaction cost barriers for users, enabling token transfers without holding native gas tokens

Attention: 0% → 8% of Solana coverage in the 3 days to 25 Jun, vs the 3 days before.

Read the narrative: Solana Gasless USDC Transfer Adoption

1 of 5

What to watch for

The Kevin Warsh Fed Chair nomination dominates Treasury yield coverage with all-new momentum; any official confirmation or denial would immediately reset rate volatility expectations across gold, dollar-sensitive assets, and growth stocks. Current precious metals weakness may be front-running this scenario.

Want a personalized brief, based on the assets you own?

Choose the assets you follow. Get a brief focused on their narrative shifts and sentiment.

Make this mine

Just want the daily brief? Get it by email

Previous editions

Read an earlier daily brief.

View all editions