S&P 500 lower at the close (-0.47%) as small caps lag
S&P 500 -0.47%, Nasdaq -0.63%, Russell 2000 -1.32% at the close — the desk's close read on the tape.

The tape at the close: the S&P 500 finished lower at 7,638 (-0.47%), the Nasdaq at 26,255 (-0.63%), and the Dow at 52,381 (-0.77%).
Small caps are lagging: the Russell 2000 sits at 2,921 (-1.32%). The VIX at 16.45 reads calm.
Among the mega caps, META is the biggest mover at $653.18 (+6.47%), with GOOGL -2.26% and AMZN -1.83%.
Elsewhere on the desk: bitcoin $78,221 (-0.29%), gold via GLD $403.34 (+0.91%), oil via USO $149.94 (+2.68%), long Treasuries via TLT $81.74 (-0.56%).
On the movers board, MGN leads the gainers at $0.28 (+174.7%) while CRMT paces the losers (−40.8%). Names moving that fast trade thin — treat the quotes with care.
Numbers as of 16:00 ET. Follow the full tape live in the Terminal.