Daily edition · 9 July 2026

The market at a glance

The brief for 9 July 2026. Read today’s brief

Market sentiment

History shown

47% bullish — 47% 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 53% on 3 Jul to 47% on 9 Jul; low 47% on 8 Jul, high 61% on 4 Jul.

Equities narrative sentiment, the 7 days to 9 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 (%)
2026-07-03	53
2026-07-04	61
2026-07-05	61
2026-07-06	61
2026-07-07	61
2026-07-08	47
2026-07-09	47

From 32% on 22 Jun to 47% on 9 Jul; low 11% on 24 Jun, high 63% on 1 Jul. 12 days have no reading and are left as a gap.

Equities narrative sentiment, the 30 days to 9 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
2026-07-02	57
2026-07-03	53
2026-07-04	61
2026-07-05	61
2026-07-06	61
2026-07-07	61
2026-07-08	47
2026-07-09	47

From 32% on 22 Jun to 47% on 9 Jul; low 11% on 24 Jun, high 63% on 1 Jul. 72 days have no reading and are left as a gap.

Equities narrative sentiment, the 90 days to 9 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
2026-07-02	57
2026-07-03	53
2026-07-04	61
2026-07-05	61
2026-07-06	61
2026-07-07	61
2026-07-08	47
2026-07-09	47

From 36% on 3 Jul to 72% on 9 Jul; low 36% on 3 Jul, high 72% on 9 Jul.

Crypto narrative sentiment, the 7 days to 9 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 (%)
2026-07-03	36
2026-07-04	44
2026-07-05	52
2026-07-06	57
2026-07-07	62
2026-07-08	68
2026-07-09	72

From 70% on 21 Jun to 72% on 9 Jul; low 22% on 1 Jul, high 72% on 9 Jul. 11 days have no reading and are left as a gap.

Crypto narrative sentiment, the 30 days to 9 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	64
2026-06-24	53
2026-06-25	44
2026-06-26	38
2026-06-27	36
2026-06-28	31
2026-06-29	29
2026-06-30	24
2026-07-01	22
2026-07-02	27
2026-07-03	36
2026-07-04	44
2026-07-05	52
2026-07-06	57
2026-07-07	62
2026-07-08	68
2026-07-09	72

From 70% on 21 Jun to 72% on 9 Jul; low 22% on 1 Jul, high 72% on 9 Jul. 71 days have no reading and are left as a gap.

Crypto narrative sentiment, the 90 days to 9 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	64
2026-06-24	53
2026-06-25	44
2026-06-26	38
2026-06-27	36
2026-06-28	31
2026-06-29	29
2026-06-30	24
2026-07-01	22
2026-07-02	27
2026-07-03	36
2026-07-04	44
2026-07-05	52
2026-07-06	57
2026-07-07	62
2026-07-08	68
2026-07-09	72

From 23% on 3 Jul to 61% on 9 Jul; low 23% on 3 Jul, high 61% on 9 Jul.

Bonds narrative sentiment, the 7 days to 9 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 (%)
2026-07-03	23
2026-07-04	39
2026-07-05	40
2026-07-06	41
2026-07-07	46
2026-07-08	53
2026-07-09	61

From 5% on 22 Jun to 61% on 9 Jul; low 3% on 23 Jun, high 61% on 9 Jul. 12 days have no reading and are left as a gap.

Bonds narrative sentiment, the 30 days to 9 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
2026-07-02	10
2026-07-03	23
2026-07-04	39
2026-07-05	40
2026-07-06	41
2026-07-07	46
2026-07-08	53
2026-07-09	61

From 5% on 22 Jun to 61% on 9 Jul; low 3% on 23 Jun, high 61% on 9 Jul. 72 days have no reading and are left as a gap.

Bonds narrative sentiment, the 90 days to 9 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
2026-07-02	10
2026-07-03	23
2026-07-04	39
2026-07-05	40
2026-07-06	41
2026-07-07	46
2026-07-08	53
2026-07-09	61

From 32% on 3 Jul to 55% on 9 Jul; low 32% on 3 Jul, high 55% on 9 Jul.

Metals narrative sentiment, the 7 days to 9 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 (%)
2026-07-03	32
2026-07-04	43
2026-07-05	41
2026-07-06	44
2026-07-07	47
2026-07-08	51
2026-07-09	55

From 5% on 22 Jun to 55% on 9 Jul; low 5% on 22 Jun, high 55% on 9 Jul. 12 days have no reading and are left as a gap.

Metals narrative sentiment, the 30 days to 9 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
2026-07-02	22
2026-07-03	32
2026-07-04	43
2026-07-05	41
2026-07-06	44
2026-07-07	47
2026-07-08	51
2026-07-09	55

From 5% on 22 Jun to 55% on 9 Jul; low 5% on 22 Jun, high 55% on 9 Jul. 72 days have no reading and are left as a gap.

Metals narrative sentiment, the 90 days to 9 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
2026-07-02	22
2026-07-03	32
2026-07-04	43
2026-07-05	41
2026-07-06	44
2026-07-07	47
2026-07-08	51
2026-07-09	55

How this is measured

What moved markets on 9 July?

No commentary was saved for this edition.

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

Selected asset readings · 9 July

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

Swipe to see the selected assets

Equities · NVDA

NVIDIA

Narrative sentiment

55% bullish

Of articles taking a side · 7 days to 8 July 2026

Bullish share up 17 points since 8 Jul

Bonds · US10Y

US 10-Year Bond

Narrative sentiment

61% bullish

Of articles taking a side · 7 days to 8 July 2026

Bullish share up 8 points since 8 Jul

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

Crypto · ETH

Ethereum

Narrative sentiment

74% bullish

Of articles taking a side · 7 days to 8 July 2026

Bullish share up 7 points since 8 Jul

Equities · NDX

Nasdaq 100

Narrative sentiment

41% bullish

Of articles taking a side · 7 days to 8 July 2026

Bullish share up 4 points since 8 Jul

Commodities · SILVER

Silver

Narrative sentiment

54% bullish

Of articles taking a side · 7 days to 8 July 2026

Bullish share up 4 points since 8 Jul

Commodities · GOLD

Gold

Narrative sentiment

56% bullish

Of articles taking a side · 7 days to 8 July 2026

Bullish share up 4 points since 8 Jul

Equities · SPX

S&P 500

Narrative sentiment

52% bullish

Of articles taking a side · 7 days to 8 July 2026

Bullish share down 3 points since 8 Jul

Equities · DJI

Dow Jones

Narrative sentiment

64% bullish

Of articles taking a side · 7 days to 8 July 2026

Bullish share down 3 points since 8 Jul

Crypto · BTC

Bitcoin

Narrative sentiment

72% bullish

Of articles taking a side · 7 days to 8 July 2026

Bullish share up 3 points since 8 Jul

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

Silver Price Decline Macro Headwinds

Silver · Bearish

The argument: Silver prices are also experiencing a decline, reflecting broader market trends.

Attention: 11.4% → 30.2% of Silver coverage in the 3 days to 9 Jul, vs the 3 days before.

Read the narrative: Silver Price Decline Macro Headwinds

Accelerating

Iran Geopolitical Risk Equity Impact

S&P 500 · Bearish

The argument: Geopolitical risks, particularly regarding Iran, are bearish for stock prices.

Attention: 0% → 18% of S&P 500 coverage in the 3 days to 9 Jul, vs the 3 days before.

Read the narrative: Iran Geopolitical Risk Equity Impact

Fading

Silver Industrial Demand Price Support

Silver · Bullish

The argument: Silver prices may remain elevated due to industrial demand even as the global economy recovers.

Attention: 21.5% → 5.7% of Silver coverage in the 3 days to 9 Jul, vs the 3 days before.

Read the narrative: Silver Industrial Demand Price Support

Fading

Strong Jobs Reduce Fed Easing Bets

US 10-Year Bond · Bearish

The argument: Strong U.S. jobs data reduces expectations for Federal Reserve monetary policy easing.

Attention: 19.1% → 3.7% of US 10-Year Bond coverage in the 3 days to 9 Jul, vs the 3 days before.

Read the narrative: Strong Jobs Reduce Fed Easing Bets

Accelerating

Google Cloud Emerging Market Expansion

Google · Bullish

The argument: Google's cloud region and digital initiatives will generate substantial economic output and job creation, supporting broader technology sector growth

Attention: 0% → 12.3% of Google coverage in the 3 days to 9 Jul, vs the 3 days before.

Read the narrative: Google Cloud Emerging Market Expansion

1 of 5

What to watch for

The US 10-year yield's path above 4.57% will be critical for markets over the next two weeks—inflation expectations are gaining momentum while jobs data momentum is fading, suggesting inflation rather than labor is driving rate anxiety; any CPI or PPI print validating crude-linked inflation could sharpen tension with equity valuations.

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