Daily edition · 1 July 2026

The market at a glance

The brief for 1 July 2026. Read today’s brief

Market sentiment

History shown

63% bullish — 63% 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 27% on 25 Jun to 63% on 1 Jul; low 27% on 25 Jun, high 63% on 1 Jul.

Equities narrative sentiment, the 7 days to 1 Jul 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 (%)
2026-06-25	27
2026-06-26	36
2026-06-27	32
2026-06-28	35
2026-06-29	34
2026-06-30	46
2026-07-01	63

From 32% on 22 Jun to 63% on 1 Jul; low 11% on 24 Jun, high 63% on 1 Jul. 20 days have no reading and are left as a gap.

Equities narrative sentiment, the 30 days to 1 Jul 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
2026-06-26	36
2026-06-27	32
2026-06-28	35
2026-06-29	34
2026-06-30	46
2026-07-01	63

From 32% on 22 Jun to 63% on 1 Jul; low 11% on 24 Jun, high 63% on 1 Jul. 80 days have no reading and are left as a gap.

Equities narrative sentiment, the 90 days to 1 Jul 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
2026-06-26	36
2026-06-27	32
2026-06-28	35
2026-06-29	34
2026-06-30	46
2026-07-01	63

From 47% on 25 Jun to 27% on 1 Jul; low 27% on 30 Jun, high 47% on 25 Jun.

Crypto narrative sentiment, the 7 days to 1 Jul 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 (%)
2026-06-25	47
2026-06-26	42
2026-06-27	41
2026-06-28	36
2026-06-29	34
2026-06-30	27
2026-07-01	27

From 70% on 21 Jun to 27% on 1 Jul; low 27% on 30 Jun, high 70% on 21 Jun. 19 days have no reading and are left as a gap.

Crypto narrative sentiment, the 30 days to 1 Jul 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
2026-06-26	42
2026-06-27	41
2026-06-28	36
2026-06-29	34
2026-06-30	27
2026-07-01	27

From 70% on 21 Jun to 27% on 1 Jul; low 27% on 30 Jun, high 70% on 21 Jun. 79 days have no reading and are left as a gap.

Crypto narrative sentiment, the 90 days to 1 Jul 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
2026-06-26	42
2026-06-27	41
2026-06-28	36
2026-06-29	34
2026-06-30	27
2026-07-01	27

From 9% on 25 Jun to 14% on 1 Jul; low 9% on 25 Jun, high 17% on 30 Jun.

Bonds narrative sentiment, the 7 days to 1 Jul 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 (%)
2026-06-25	9
2026-06-26	10
2026-06-27	9
2026-06-28	14
2026-06-29	12
2026-06-30	17
2026-07-01	14

From 5% on 22 Jun to 14% on 1 Jul; low 3% on 23 Jun, high 17% on 30 Jun. 20 days have no reading and are left as a gap.

Bonds narrative sentiment, the 30 days to 1 Jul 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	5
2026-06-23	3
2026-06-24	7
2026-06-25	9
2026-06-26	10
2026-06-27	9
2026-06-28	14
2026-06-29	12
2026-06-30	17
2026-07-01	14

From 5% on 22 Jun to 14% on 1 Jul; low 3% on 23 Jun, high 17% on 30 Jun. 80 days have no reading and are left as a gap.

Bonds narrative sentiment, the 90 days to 1 Jul 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	5
2026-06-23	3
2026-06-24	7
2026-06-25	9
2026-06-26	10
2026-06-27	9
2026-06-28	14
2026-06-29	12
2026-06-30	17
2026-07-01	14

From 27% on 25 Jun to 21% on 1 Jul; low 21% on 30 Jun, high 29% on 28 Jun.

Metals narrative sentiment, the 7 days to 1 Jul 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 (%)
2026-06-25	27
2026-06-26	26
2026-06-27	27
2026-06-28	29
2026-06-29	29
2026-06-30	21
2026-07-01	21

From 5% on 22 Jun to 21% on 1 Jul; low 5% on 22 Jun, high 48% on 23 Jun. 20 days have no reading and are left as a gap.

Metals narrative sentiment, the 30 days to 1 Jul 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	5
2026-06-23	48
2026-06-24	32
2026-06-25	27
2026-06-26	26
2026-06-27	27
2026-06-28	29
2026-06-29	29
2026-06-30	21
2026-07-01	21

From 5% on 22 Jun to 21% on 1 Jul; low 5% on 22 Jun, high 48% on 23 Jun. 80 days have no reading and are left as a gap.

Metals narrative sentiment, the 90 days to 1 Jul 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	5
2026-06-23	48
2026-06-24	32
2026-06-25	27
2026-06-26	26
2026-06-27	27
2026-06-28	29
2026-06-29	29
2026-06-30	21
2026-07-01	21

How this is measured

What moved markets on 1 July?

No commentary was saved for this edition.

1 July 2026 · Narrative sentiment measures published coverage, not investor opinions or price returns.

Selected asset readings · 1 July

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

62% bullish

Of articles taking a side · 7 days to 30 June 2026

Bullish share up 18 points since 30 Jun

Equities · SPX

S&P 500

Narrative sentiment

63% bullish

Of articles taking a side · 7 days to 30 June 2026

Bullish share up 16 points since 30 Jun

Equities · DJI

Dow Jones

Narrative sentiment

85% bullish

Of articles taking a side · 7 days to 30 June 2026

Bullish share up 11 points since 30 Jun

Crypto · SOL

Solana

Narrative sentiment

74% bullish

Of articles taking a side · 7 days to 30 June 2026

Bullish share up 7 points since 30 Jun

Bonds · US10Y

US 10-Year Bond

Narrative sentiment

14% bullish

Of articles taking a side · 7 days to 30 June 2026

Bullish share down 3 points since 30 Jun

Bullish means the bond’s price higher (yields lower).

Commodities · SILVER

Silver

Narrative sentiment

23% bullish

Of articles taking a side · 7 days to 30 June 2026

Bullish share up 2 points since 30 Jun

Crypto · BTC

Bitcoin

Narrative sentiment

23% bullish

Of articles taking a side · 7 days to 30 June 2026

Bullish share down 1 point since 30 Jun

Crypto · XRP

XRP

Narrative sentiment

38% bullish

Of articles taking a side · 7 days to 30 June 2026

Bullish share down 1 point since 30 Jun

In short

XRP's big news this week is a scary software bug that was quietly fixed — now people are debating whether the fix itself revealed a hidden flaw in how XRP is run.

Commodities · GOLD

Gold

Narrative sentiment

20% bullish

Of articles taking a side · 7 days to 30 June 2026

Bullish share down 1 point since 30 Jun

1 of 9

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 Tensions Oil Supply Risk

Crude Oil · Bearish

The argument: The escalation of conflict in the Middle East is adding to uncertainty about oil supplies.

Attention: 0% → 25% of Crude Oil coverage in the 3 days to 1 Jul, vs the 3 days before.

Read the narrative: US-Iran Tensions Oil Supply Risk

Accelerating

Tech Sector Earnings-Driven Rally

Nasdaq 100 · Bullish

The argument: The tech sector is experiencing significant growth, contributing to overall market strength.

Attention: 0% → 14.8% of Nasdaq 100 coverage in the 3 days to 1 Jul, vs the 3 days before.

Read the narrative: Tech Sector Earnings-Driven Rally

Accelerating

Strong Earnings Driving SPX Rally

S&P 500 · Bullish

The argument: Better-than-expected earnings reports are driving stock market gains.

Attention: 0% → 8.5% of S&P 500 coverage in the 3 days to 1 Jul, vs the 3 days before.

Read the narrative: Strong Earnings Driving SPX Rally

Accelerating

ETH Institutional Relevance Loss

Ethereum · Bearish

The argument: Competition from other blockchains like Solana could impact Ethereum's long-term value.

Attention: 0% → 7.8% of Ethereum coverage in the 3 days to 1 Jul, vs the 3 days before.

Read the narrative: ETH Institutional Relevance Loss

Accelerating

AI Bubble Deflation Tech Reset

Nasdaq 100 · Bearish

The argument: The AI trade is cooling, leading to a much-needed reset in tech valuations.

Attention: 0% → 7.4% of Nasdaq 100 coverage in the 3 days to 1 Jul, vs the 3 days before.

Read the narrative: AI Bubble Deflation Tech Reset

1 of 5

What to watch for

Watch hyperscaler and semiconductor earnings for commentary on AI spending discipline and demand. Any guidance about spending slowdowns could rapidly shift the AI demand story that is currently holding stock sentiment at elevated levels.

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