S&P 500 lower at the close (-0.58%) as small caps lag
S&P 500 -0.58%, Nasdaq -0.65%, Russell 2000 -1.04% at the close — the desk's close read on the tape.

The tape at the close: the S&P 500 finished lower at 7,592 (-0.58%), the Nasdaq at 26,084 (-0.65%), and the Dow at 52,064 (-0.60%).
Small caps are lagging: the Russell 2000 sits at 2,891 (-1.04%). The VIX at 18.01 reads elevated.
Among the mega caps, AAPL is the biggest mover at $325.45 (+3.21%), with NVDA -2.27% and META -1.41%.
Elsewhere on the desk: bitcoin $77,134 (-1.48%), gold via GLD $396.46 (-1.71%), oil via USO $158.36 (+5.59%), long Treasuries via TLT $80.72 (-1.24%).
On the movers board, TNON leads the gainers at $5.30 (+117.2%) while CDT paces the losers (−42.5%). 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.