S&P 500 lower at midday (-0.21%) as small caps lag
S&P 500 -0.21%, Nasdaq -0.36%, Russell 2000 -1.13% at midday — the desk's midday read on the tape.
The tape at midday: the S&P 500 is trading lower (-0.21%), the Nasdaq -0.36%, and the Dow -0.57%.
Small caps are lagging: the Russell 2000 -1.13%. Volatility is steady on the session (+0.80%).
Among the mega caps, META is the biggest mover at $725.28 (-1.84%), with AMZN +1.01% and NVDA -0.98%.
Elsewhere on the desk: bitcoin $83,164 (-2.79%), gold via GLD $377.10 (-1.35%), oil via USO $142.56 (-1.62%), long Treasuries via TLT $77.17 (-0.14%).
On the movers board, XRPN leads the gainers at $27.04 (+40.6%) while ARCI paces the losers (−95.7%). Names moving that fast trade thin — treat the quotes with care.
Numbers as of 13:50 ET. Follow the full tape live in the Terminal.