S&P 500 lower at midday (-0.76%) as small caps lead
S&P 500 -0.76%, Nasdaq -1.57%, Russell 2000 -0.17% at midday — the desk's midday read on the tape.
The tape at midday: the S&P 500 is trading lower (-0.76%), the Nasdaq -1.57%, and the Dow -0.08%.
Small caps are lagging: the Russell 2000 -0.17%. Volatility is bid on the session (+6.30%).
Among the mega caps, NVDA is the biggest mover at $230.70 (-2.85%), with AMZN -2.10% and TSLA -2.05%.
Elsewhere on the desk: bitcoin $80,710 (-3.13%), gold via GLD $378.39 (+0.67%), oil via USO $148.54 (+3.22%), long Treasuries via TLT $77.80 (+0.84%).
On the movers board, PCRX leads the gainers at $36.30 (+44.0%) while WORX paces the losers (−29.7%). 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.