S&P 500 lower at midday (-0.31%) as small caps lag
S&P 500 -0.31%, Nasdaq -0.64%, Russell 2000 -0.87% at midday — the desk's midday read on the tape.
The tape at midday: the S&P 500 is trading lower at 7,650 (-0.31%), the Nasdaq at 26,012 (-0.64%), and the Dow at 53,331 (+0.10%).
Small caps are lagging: the Russell 2000 sits at 2,992 (-0.87%). The VIX at 15.80 reads calm.
Among the mega caps, NVDA is the biggest mover at $209.49 (-2.44%), with TSLA -2.06% and META +1.49%.
Elsewhere on the desk: bitcoin $78,687 (+1.23%), gold via GLD $425.08 (+0.41%), oil via USO $131.75 (-2.14%), long Treasuries via TLT $82.61 (+0.69%).
On the movers board, DAIC leads the gainers at $2.91 (+583.1%) while FLZH paces the losers (−73.3%). Names moving that fast trade thin — treat the quotes with care.
Numbers as of 13:54 ET. Follow the full tape live in the Terminal.