S&P 500 higher at the close (+0.71%) as small caps lag
S&P 500 +0.71%, Nasdaq +1.57%, Russell 2000 +0.28% at the close — the desk's close read on the tape.

The tape at the close: the S&P 500 finished higher at 7,730 (+0.71%), the Nasdaq at 26,541 (+1.57%), and the Dow at 53,569 (+0.20%).
Small caps are outperforming: the Russell 2000 sits at 3,014 (+0.28%). The VIX at 14.51 reads calm.
Among the mega caps, NVDA is the biggest mover at $227.91 (+8.70%), with TSLA +2.60% and MSFT +1.75%.
Elsewhere on the desk: bitcoin $80,090 (+1.35%), gold via GLD $422.60 (+0.30%), oil via USO $130.01 (+2.09%), long Treasuries via TLT $83.13 (-0.20%).
On the movers board, CELU leads the gainers at $2.10 (+138.5%) while SMJF paces the losers (−87.2%). Names moving that fast trade thin — treat the quotes with care.
Numbers as of 17:00 ET. Follow the full tape live in the Terminal.