S&P 500 lower at midday (-0.36%) as small caps lag
S&P 500 -0.36%, Nasdaq -0.65%, Russell 2000 -1.28% at midday — the desk's midday read on the tape.
The tape at midday: the S&P 500 is trading lower at 7,703 (-0.36%), the Nasdaq at 26,369 (-0.65%), and the Dow at 53,526 (-0.08%).
Small caps are lagging: the Russell 2000 sits at 2,976 (-1.28%). The VIX at 14.60 reads calm.
Among the mega caps, NVDA is the biggest mover at $218.31 (-4.24%), with AMZN +3.50% and TSLA -2.55%.
Elsewhere on the desk: bitcoin $77,480 (-3.47%), gold via GLD $408.50 (-3.34%), oil via USO $129.27 (-0.57%), long Treasuries via TLT $82.87 (-0.32%).
On the movers board, FNGR leads the gainers at $0.44 (+153.6%) while BTAI paces the losers (−73.3%). Names moving that fast trade thin — treat the quotes with care.
Numbers as of 14:54 ET. Follow the full tape live in the Terminal.