S&P 500 higher at midday (+0.49%) as small caps lead
S&P 500 +0.49%, Nasdaq +0.40%, Russell 2000 +1.11% at midday — the desk's midday read on the tape.

The tape at midday: the S&P 500 is trading higher at 7,669 (+0.49%), the Nasdaq at 26,204 (+0.40%), and the Dow at 53,035 (+0.51%).
Small caps are outperforming: the Russell 2000 sits at 2,953 (+1.11%). The VIX at 15.24 reads calm.
Among the mega caps, NVDA is the biggest mover at $225.06 (+3.51%), with META +2.38% and TSLA -0.95%.
Elsewhere on the desk: bitcoin $77,310 (-0.11%), gold via GLD $401.27 (+1.14%), oil via USO $141.77 (+0.55%), long Treasuries via TLT $81.92 (+0.07%).
On the movers board, VIOT leads the gainers at $1.59 (+64.6%) while ADBT paces the losers (−53.5%). Names moving that fast trade thin — treat the quotes with care.
Numbers as of 14:05 ET. Follow the full tape live in the Terminal.