Why is the S&P 500 today under pressure?

Weak tech performance, softer labor signals, and a bitcoin plunge have dampened risk appetite. Communication services and semis led declines, with profit-taking after a strong run. Investors are weighing whether earnings strength can offset slower macro data and tighter financial conditions, keeping intraday bounces short and volatility elevated.

How did Nasdaq and Dow Jones today compare?

Nasdaq was down as mega-cap tech and communication services dragged performance. Dow Jones today was more mixed thanks to value and defensive tilts. Sector rotation under the surface was active, with select healthcare and infrastructure plays showing relative resilience despite broader weakness in growth-heavy areas.

What technical levels matter for S&P 500 today?

RSI near 43 and ADX near 15 suggest weak momentum and no strong trend. Watch the Bollinger middle band around 6914, the lower band near 6800, and the Keltner lower near 6740. The 50-day near 6895 versus the 200-day near 6505 shows long-term uptrend intact, despite short-term pressure.

What should Singapore investors do now?

Review USD exposure, ensure diversification, and avoid reacting to single-day moves. If using DCA plans, stay the course. Traders can set clear stops given higher ATR and consider scaling around support. Keep focus on earnings, margins, and employment data, which will drive the next leg for risk assets.

Global Market Insights

^GSPC Today, February 17: Tech Rout, Bitcoin Slump Drag Wall Street

ByDanny Kontos February 17, 2026February 17, 2026

S&P 500 today slipped as a tech rout, softer jobs signals, and a bitcoin plunge pressured risk appetite. The S&P 500 (^GSPC) tracked broad declines, while Nasdaq down headlines led market mood and Dow Jones today wavered. For Singapore investors, the US-led pullback tests equity allocations and USD exposure. We break down the drivers, key technicals, and what to watch this week, including sector moves like Qualcomm and Alphabet lagging and McKesson and Broadcom gaining. Stay focused on earnings resilience against labor softness and crypto volatility.