S&P 500 higher at the close (+1.07%) as small caps lag
S&P 500 +1.07%, Nasdaq +1.40%, Russell 2000 +0.51% at the close — the desk's close read on the tape.

The tape at the close: the S&P 500 finished higher at 7,748 (+1.07%), the Nasdaq at 26,584 (+1.40%), and the Dow at 53,686 (+1.18%).
Small caps are outperforming: the Russell 2000 sits at 2,968 (+0.51%). The VIX at 14.28 reads calm.
Among the mega caps, TSLA is the biggest mover at $378.44 (+6.00%), with META +3.20% and MSFT +2.83%.
Elsewhere on the desk: bitcoin $81,583 (+5.53%), gold via GLD $410.11 (+1.82%), oil via USO $142.05 (+0.64%), long Treasuries via TLT $82.09 (+0.18%).
On the movers board, CHPT leads the gainers at $9.04 (+74.2%) while NCT paces the losers (−89.2%). Names moving that fast trade thin — treat the quotes with care.
Numbers as of 16:07 ET. Follow the full tape live in the Terminal.