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From the desk·AUGUST 25, 2026·^GSPC

S&P 500 edges higher at the open as small caps lead

S&P 500 +0.12%, Nasdaq +0.36%, Russell 2000 +0.40% at the open — the desk's open read on the tape.

The tape at the open: the S&P 500 is trading flat at 7,662 (+0.12%), the Nasdaq at 26,075 (+0.36%), and the Dow at 53,450 (+0.06%).

Small caps are outperforming: the Russell 2000 sits at 3,007 (+0.40%). The VIX at 15.75 reads calm.

Among the mega caps, NVDA is the biggest mover at $211.77 (+1.58%), with META +1.18% and TSLA +0.55%.

Elsewhere on the desk: bitcoin $79,200 (+0.28%), gold via GLD $425.06 (-0.38%), oil via USO $128.40 (-2.88%), long Treasuries via TLT $83.22 (+0.80%).

On the movers board, AIXI leads the gainers at $1.24 (+171.0%) while FLZH paces the losers (−43.6%). Names moving that fast trade thin — treat the quotes with care.

Numbers as of 11:03 ET. Follow the full tape live in the Terminal.

WallStreetStocks Newsroom · Not investment advice