S&P 500 lower at midday (-0.51%) as small caps lag
S&P 500 -0.51%, Nasdaq -0.46%, Russell 2000 -0.98% at midday — the desk's midday read on the tape.
The tape at midday: the S&P 500 is trading lower at 7,597 (-0.51%), the Nasdaq at 26,132 (-0.46%), and the Dow at 52,048 (-0.63%).
Small caps are lagging: the Russell 2000 sits at 2,893 (-0.98%). The VIX at 17.47 reads elevated.
Among the mega caps, AAPL is the biggest mover at $324.94 (+3.04%), with NVDA -2.39% and META -0.64%.
Elsewhere on the desk: bitcoin $77,372 (-1.17%), gold via GLD $399.65 (-0.92%), oil via USO $157.16 (+4.80%), long Treasuries via TLT $81.06 (-0.83%).
On the movers board, DBGI leads the gainers at $6.65 (+77.3%) while CDT paces the losers (−43.1%). Names moving that fast trade thin — treat the quotes with care.
Numbers as of 13:53 ET. Follow the full tape live in the Terminal.