S&P 500 lower at midday (-0.41%) as small caps lag
S&P 500 -0.41%, Nasdaq -0.34%, Russell 2000 -0.88% at midday — the desk's midday read on the tape.
The tape at midday: the S&P 500 is trading lower at 7,680 (-0.41%), the Nasdaq at 26,313 (-0.34%), and the Dow at 53,222 (-0.63%).
Small caps are lagging: the Russell 2000 sits at 2,946 (-0.88%). The VIX at 15.09 reads calm.
Among the mega caps, TSLA is the biggest mover at $365.67 (+4.85%), with GOOGL -2.38% and AMZN -2.13%.
Elsewhere on the desk: bitcoin $78,872 (+1.51%), gold via GLD $406.93 (-0.48%), oil via USO $133.18 (+2.68%), long Treasuries via TLT $82.34 (-0.65%).
On the movers board, WETO leads the gainers at $10.72 (+87.4%) while FNGR paces the losers (−37.2%). Names moving that fast trade thin — treat the quotes with care.
Numbers as of 13:47 ET. Follow the full tape live in the Terminal.