S&P 500 lower at the close (-1.07%) as small caps lag
S&P 500 -1.07%, Nasdaq -2.14%, Russell 2000 -1.66% at the close — the desk's close read on the tape.

The tape at the close: the S&P 500 finished lower (-1.07%), the Nasdaq -2.14%, and the Dow -0.34%.
Small caps are lagging: the Russell 2000 -1.66%. Volatility is bid on the session (+21.45%).
Among the mega caps, META is the biggest mover at $709.34 (-3.72%), with GOOGL -2.47% and TSLA -2.14%.
Elsewhere on the desk: bitcoin $81,732 (-0.62%), gold via GLD $382.07 (-0.17%), oil via USO $161.78 (+2.84%), long Treasuries via TLT $80.03 (+0.08%).
On the movers board, SZZL leads the gainers at $10.49 (+50.9%) while GUTS paces the losers (−62.1%). Names moving that fast trade thin — treat the quotes with care.
Numbers as of 17:20 ET. Follow the full tape live in the Terminal.