S&P 500 lower at midday (-0.91%) as small caps lag
S&P 500 -0.91%, Nasdaq -1.86%, Russell 2000 -1.43% at midday — the desk's midday read on the tape.
The tape at midday: the S&P 500 is trading lower (-0.91%), the Nasdaq -1.86%, and the Dow -0.26%.
Small caps are lagging: the Russell 2000 -1.43%. Volatility is bid on the session (+16.40%).
Among the mega caps, META is the biggest mover at $711.18 (-3.47%), with TSLA -2.27% and MSFT -2.19%.
Elsewhere on the desk: bitcoin $81,541 (-0.86%), gold via GLD $381.67 (-0.27%), oil via USO $161.25 (+2.50%), long Treasuries via TLT $79.92 (-0.06%).
On the movers board, CCEL leads the gainers at $4.41 (+20.8%) while GUTS paces the losers (−59.5%). Names moving that fast trade thin — treat the quotes with care.
Numbers as of 13:47 ET. Follow the full tape live in the Terminal.