S&P 500 lower at the open (-0.50%) as small caps lag
S&P 500 -0.50%, Nasdaq -0.46%, Russell 2000 -0.78% at the open — the desk's open read on the tape.
The tape at the open: the S&P 500 is trading lower at 7,673 (-0.50%), the Nasdaq at 26,282 (-0.46%), and the Dow at 53,197 (-0.68%).
Small caps are lagging: the Russell 2000 sits at 2,949 (-0.78%). The VIX at 15.25 reads calm.
Among the mega caps, TSLA is the biggest mover at $364.27 (+4.45%), with GOOGL -2.51% and AMZN -2.33%.
Elsewhere on the desk: bitcoin $78,432 (+0.95%), gold via GLD $406.50 (-0.58%), oil via USO $132.87 (+2.44%), long Treasuries via TLT $82.24 (-0.77%).
On the movers board, WETO leads the gainers at $12.62 (+120.5%) while FNGR paces the losers (−38.9%). Names moving that fast trade thin — treat the quotes with care.
Numbers as of 10:48 ET. Follow the full tape live in the Terminal.