S&P 500 higher at midday (+0.68%) as small caps lag
S&P 500 +0.68%, Nasdaq +0.63%, Russell 2000 -0.46% at midday — the desk's midday read on the tape.

The tape at midday: the S&P 500 is trading higher (+0.68%), the Nasdaq +0.63%, and the Dow +0.45%.
Small caps are lagging: the Russell 2000 -0.46%. Volatility is steady on the session (-2.84%).
Among the mega caps, AMZN is the biggest mover at $255.84 (+1.77%), with MSFT +1.18% and NVDA +0.54%.
Elsewhere on the desk: bitcoin $85,553 (-0.25%), gold via GLD $381.77 (+0.58%), oil via USO $144.44 (+0.31%), long Treasuries via TLT $77.42 (+0.40%).
On the movers board, APUS leads the gainers at $7.33 (+61.1%) while MI paces the losers (−51.7%). Names moving that fast trade thin — treat the quotes with care.
Numbers as of 13:48 ET. Follow the full tape live in the Terminal.