S&P 500 lower at the open (-0.41%) as small caps lag
S&P 500 -0.41%, Nasdaq -0.69%, Russell 2000 -0.56% at the open — the desk's open read on the tape.

The tape at the open: the S&P 500 is trading lower at 7,655 (-0.41%), the Nasdaq at 26,189 (-0.69%), and the Dow at 53,019 (-0.31%).
Small caps are lagging: the Russell 2000 sits at 2,940 (-0.56%). The VIX at 15.39 reads calm.
Among the mega caps, AAPL is the biggest mover at $325.01 (+2.58%), with TSLA -2.46% and AMZN -1.96%.
Elsewhere on the desk: bitcoin $78,305 (-0.32%), gold via GLD $400.56 (-1.92%), oil via USO $136.35 (+1.98%), long Treasuries via TLT $82.33 (-0.22%).
On the movers board, RDAC leads the gainers at $7.18 (+57.4%) while ALMS paces the losers (−55.0%). Names moving that fast trade thin — treat the quotes with care.
Numbers as of 10:51 ET. Follow the full tape live in the Terminal.