S&P 500 lower at midday (-0.37%) as small caps lag
S&P 500 -0.37%, Nasdaq -0.56%, Russell 2000 -1.17% at midday — the desk's midday read on the tape.
The tape at midday: the S&P 500 is trading lower at 7,645 (-0.37%), the Nasdaq at 26,274 (-0.56%), and the Dow at 52,483 (-0.57%).
Small caps are lagging: the Russell 2000 sits at 2,926 (-1.17%). The VIX at 16.19 reads calm.
Among the mega caps, META is the biggest mover at $652.28 (+6.32%), with GOOGL -2.21% and AMZN -1.86%.
Elsewhere on the desk: bitcoin $78,773 (+0.42%), gold via GLD $405.03 (+1.33%), oil via USO $149.03 (+2.05%), long Treasuries via TLT $81.78 (-0.51%).
On the movers board, MGN leads the gainers at $0.36 (+263.0%) while CRMT paces the losers (−41.4%). Names moving that fast trade thin — treat the quotes with care.
Numbers as of 14:00 ET. Follow the full tape live in the Terminal.