S&P 500 higher at midday (+1.14%) as small caps lag
S&P 500 +1.14%, Nasdaq +1.56%, Russell 2000 +0.50% at midday — the desk's midday read on the tape.
The tape at midday: the S&P 500 is trading higher at 7,754 (+1.14%), the Nasdaq at 26,626 (+1.56%), and the Dow at 53,690 (+1.18%).
Small caps are outperforming: the Russell 2000 sits at 2,968 (+0.50%). The VIX at 14.50 reads calm.
Among the mega caps, TSLA is the biggest mover at $382.44 (+7.12%), with META +3.65% and MSFT +2.75%.
Elsewhere on the desk: bitcoin $81,191 (+5.02%), gold via GLD $411.53 (+2.17%), oil via USO $141.61 (+0.33%), long Treasuries via TLT $82.23 (+0.34%).
On the movers board, CHPT leads the gainers at $8.99 (+73.2%) while NCT paces the losers (−88.3%). 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.