S&P 500 lower at midday (-0.68%) as small caps lag
S&P 500 -0.68%, Nasdaq -0.98%, Russell 2000 -1.10% at midday — the desk's midday read on the tape.
The tape at midday: the S&P 500 is trading lower at 7,634 (-0.68%), the Nasdaq at 26,113 (-0.98%), and the Dow at 52,775 (-0.77%).
Small caps are lagging: the Russell 2000 sits at 2,924 (-1.10%). The VIX at 15.96 reads calm.
Among the mega caps, TSLA is the biggest mover at $357.50 (-2.84%), with AAPL +2.47% and AMZN -2.05%.
Elsewhere on the desk: bitcoin $77,336 (-1.56%), gold via GLD $398.23 (-2.49%), oil via USO $139.91 (+4.64%), long Treasuries via TLT $81.94 (-0.71%).
On the movers board, SSM leads the gainers at $4.01 (+49.8%) while ALMS paces the losers (−57.9%). Names moving that fast trade thin — treat the quotes with care.
Numbers as of 13:46 ET. Follow the full tape live in the Terminal.