S&P 500 higher at the open (+0.71%) as small caps lag
S&P 500 +0.71%, Nasdaq +0.78%, Russell 2000 -0.26% at the open — the desk's open read on the tape.

The tape at the open: the S&P 500 is trading higher (+0.71%), the Nasdaq +0.78%, and the Dow +0.52%.
Small caps are lagging: the Russell 2000 -0.26%. Volatility is steady on the session (-0.90%).
Among the mega caps, MSFT is the biggest mover at $534.38 (+1.75%), with AMZN +1.67% and NVDA +1.42%.
Elsewhere on the desk: bitcoin $86,328 (+0.65%), gold via GLD $380.54 (+0.26%), oil via USO $141.90 (-1.45%), long Treasuries via TLT $77.42 (+0.41%).
On the movers board, IPDN leads the gainers at $4.47 (+43.5%) while AVBP paces the losers (−56.5%). Names moving that fast trade thin — treat the quotes with care.
Numbers as of 10:52 ET. Follow the full tape live in the Terminal.