S&P 500 opens lower (-0.48%) on a risk-off morning
S&P 500 -0.48%, Nasdaq -1.07%, Russell 2000 -0.51% at the open — the desk's open read on the tape.
The tape at the open: the S&P 500 is trading lower at 7,708 (-0.48%), the Nasdaq at 26,359 (-1.07%), and the Dow at 53,382 (-0.15%).
Small caps are lagging: the Russell 2000 sits at 3,042 (-0.51%). The VIX at 15.75 reads calm.
Among the mega caps, META is the biggest mover at $568.97 (-3.54%), with MSFT -3.04% and TSLA -0.87%.
Elsewhere on the desk: bitcoin $64,129 (-0.56%), gold via GLD $403.68 (-0.45%), oil via USO $131.00 (+0.54%), long Treasuries via TLT $81.35 (-0.84%).
On the movers board, AIXC leads the gainers at $1.40 (+97.1%) while UCL paces the losers (−31.8%). Names moving that fast trade thin — treat the quotes with care.
Numbers as of 9:44 ET. Follow the full tape live in the Terminal.