S&P 500 lower at midday (-0.33%) as small caps lead
S&P 500 -0.33%, Nasdaq -0.12%, Russell 2000 -0.06% at midday — the desk's midday read on the tape.
The tape at midday: the S&P 500 is trading lower at 7,693 (-0.33%), the Nasdaq at 26,475 (-0.12%), and the Dow at 52,905 (-0.95%).
Small caps are lagging: the Russell 2000 sits at 2,974 (-0.06%). The VIX at 15.28 reads calm.
Among the mega caps, TSLA is the biggest mover at $366.40 (+3.48%), with NVDA -1.94% and MSFT -1.42%.
Elsewhere on the desk: bitcoin $78,579 (-0.65%), gold via GLD $402.33 (-1.09%), oil via USO $143.70 (+1.23%), long Treasuries via TLT $82.17 (-0.04%).
On the movers board, GCDT leads the gainers at $0.67 (+79.1%) while FCUV paces the losers (−63.7%). Names moving that fast trade thin — treat the quotes with care.
Numbers as of 14:06 ET. Follow the full tape live in the Terminal.