S&P 500 up 0.38% — Market Pulse · Jul 14, 2026

U.S. stocks rebounded on July 14, but the recovery was uneven. The Nasdaq Composite climbed 233.83 points, or 0.90%, to 26107.01, while the S&P 500 added 28.25 points, or 0.38%, to 7543.59. The Dow was nearly flat, up 9.63 points, or 0.02%, to 52508.27, and the Russell 2000 gained 0.39% to 2964.76.

Key Takeaways

• S&P 500 closed up 0.38% at 7,543.59.
• Market breadth finished with 203 advancers, 297 decliners, and a 0.684 advance/decline ratio.
• Technology led sectors at +1.29%, while Health Care lagged at -1.93%.
• VIX ended at 16.50 in the latest five-session lookback.
• SPY’s first resistance is 752.67 and first support is 746.82.

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Market Breadth: Nasdaq leads rebound, but breadth lags beneath the surface

Metric	Jul 8	Jul 9	Jul 10	Jul 13	Jul 14
Advance/Decline Ratio	0.286	1.490	2.112	1.197	0.684
Advances	112	301	340	274	203
Declines	391	202	161	229	297
Advancing Volume	34.4%	61.3%	63.1%	49.3%	45.8%
Stocks Near 52-Week Highs	5	13	13	23	20
Stocks Near 52-Week Lows	1	1	2	2	6
% Above 20-Day MA	57.7%	59.2%	62.4%	62.8%	57.7%
% Above 50-Day MA	64.0%	64.8%	68.2%	65.8%	63.4%
% Above 200-Day MA	64.4%	64.8%	67.2%	67.6%	66.4%

Under the surface, participation was softer than the major index closes suggested. Decliners outnumbered advancers 296 to 203, the advance-decline ratio was 0.686, and advancing volume was 45.93%. Even so, 19 stocks were near 52-week highs versus 5 near lows, a 3.8 ratio, which points to selective strength rather than broad deterioration.

Explore the full dashboard: Market breadth.

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Market Performance: Major Indexes

Index	Close	Change	% Change
S&P 500	7,543.59	28.25	+0.38%
Dow Jones Industrial Average	52,508.27	9.63	+0.02%
Nasdaq Composite	26,107.01	233.83	+0.90%
Russell 2000	2,964.76	11.59	+0.39%

Five-session context:

Index	Jul 8	Jul 9	Jul 10	Jul 13	Jul 14
S&P 500	-0.28%	+0.81%	+0.42%	-0.79%	+0.38%
Dow Jones Industrial Average	-1.09%	+0.27%	+0.29%	-0.26%	+0.02%
Nasdaq Composite	+0.20%	+1.30%	+0.29%	-1.55%	+0.90%
Russell 2000	-0.88%	+1.22%	-0.49%	-0.83%	+0.39%

The rebound followed Monday’s drop, especially in tech-heavy benchmarks. Over the last five sessions, the Nasdaq has swung from a 1.30% gain on July 9 to a 1.55% drop on July 13, then back to a 0.90% rise on July 14. The S&P 500 also recovered from Monday’s 0.79% decline, while the Dow remained the relative laggard with just a 0.02% gain on the day.

Explore the full dashboard: Market snapshot.

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Sector View: Leaders and Laggards

• Leaders: Technology (XLK +1.29%), Energy (XLE +0.37%), Financials (XLF +0.20%), Materials (XLB +0.12%), Industrials (XLI +0.04%)
• Laggards: Health Care (XLV -1.93%), Consumer Staples (XLP -1.38%), Real Estate (XLRE -0.49%), Communication Services (XLC -0.13%), Consumer Discretionary (XLY -0.12%)

Leadership came from Technology, with XLK up 1.29%. Energy gained 0.37%, Financials rose 0.20%, Materials added 0.12%, and Industrials edged up 0.04%. On the weak side, Health Care fell 1.93% and Consumer Staples dropped 1.38%, showing that money did not move evenly across the tape.

Explore the full dashboard: Sector performance.

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Volatility: VIX and ETF Implied Volatility

Metric	Jul 8	Jul 9	Jul 10	Jul 13	Jul 14
VIX Level	16.90	15.84	15.03	17.16	16.50

• SPY IV: 9.85% (Low)
• QQQ IV: 19.18% (Normal)
• IWM IV: 14.92% (Low)
• DIA IV: 11.62% (Low)

Volatility cooled, but not all the way back to last week’s lows. The VIX closed at 16.5 after 17.16 on July 13, though it remains above 15.03 from July 10. ETF implied volatility also looked contained in places, with SPY at 9.85%, IWM at 14.92%, and DIA at 11.62%, all labeled Low, while QQQ stood at 19.18%, labeled Normal.

Explore the full dashboard: Volatility.

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Headlines Moving Markets

The main backdrop was softer inflation and bank earnings, according to the day’s ranked market catalysts. Reuters highlighted that the S&P 500 and Nasdaq ended higher on cool inflation data and solid bank earnings, while another Reuters item noted oil rose alongside U.S.-Iran hostilities. A Federal Reserve release on discount rate meeting minutes also hit during the session.

• S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings - Reuters
• Jim Cramer’s top 10 things to watch in the stock market Tuesday
• Stocks gain on softer inflation, bank results while oil rises on US-Iran hostilities - Reuters
• Cybersecurity stocks surge thanks to IBM, and Nvidia climbs on more good China news
• China’s June oil imports hit near 10-year low amid Iran war - Reuters
• Gold gains over 2% after soft US inflation data - Reuters
• Minutes of the Board’s discount rate meetings on June 8 and June 17, 2026
• Jim Cramer says concerns about AI market froth are overblown. Here’s why
• Lawmakers seek to counter China, Iran repression tactics on US soil - Reuters
• Federal Reserve Board and Federal Open Market Committee release economic projections from the June 16-17 FOMC meeting
• Federal Reserve issues FOMC statement
• Minutes of the Federal Open Market Committee, June 16-17, 2026

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Technical Snapshot (SPY)

Level	Jul 8	Jul 9	Jul 10	Jul 13	Jul 14
20-day SMA	740.50	740.90	741.72	743.28	743.95
50-day SMA	737.53	738.19	738.96	739.86	740.65
200-day SMA	689.66	690.11	690.58	691.05	691.50

Near-term pivot structure, based on 2026-07-13:

• Resistance: 752.67 (R1), then 756.22 (R2)
• Pivot: 750.37
• Support: 746.82 (S1), then 744.52 (S2)

SPY’s reference pivot was 750.37, with resistance at 752.67 and 756.22, and support at 746.82 and 744.52. Its 20-day, 50-day, and 200-day moving averages stood at 743.95, 740.65, and 691.5, respectively. That keeps price above all three trend markers, but breadth slipped from the prior day, with the share of stocks above their 20-day average at 57.37%, above the 50-day at 61.95%, and above the 200-day at 64.14%.

Explore the full dashboard: Support & Resistance levels.

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What to Watch Next

• Breadth follow-through after decliners beat advancers 296 to 203 despite higher index closes.
• Technology leadership, especially whether XLK can build on its 1.29% gain.
• VIX direction after easing to 16.5 from 17.16, but still sitting above 15.03 from July 10.
• SPY around pivot 750.37, with 752.67 and 756.22 above, and 746.82 then 744.52 below.
• Participation trend in moving averages after the 20-day reading slipped to 57.37%.

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Bottom Line

Tuesday’s session repaired some of Monday’s damage, led by the Nasdaq, but it was not a clean all-clear. Price improved, volatility eased, and SPY stayed above key moving averages. Breadth, however, was weaker, and sector action remained split, which leaves the next test centered on whether participation can catch up with the index rebound.

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Market Pulse provides daily analysis of S&P 500 market breadth, sector rotation, and volatility signals to help investors understand what’s happening beneath the surface. Data sourced from our real-time market breadth collectors. For personalized planning, explore our retirement calculators, investment tools, and FIRE planning resources.

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