S&P 500 higher at midday (+0.41%) as small caps lead
S&P 500 +0.41%, Nasdaq +0.20%, Russell 2000 +1.72% at midday — the desk's midday read on the tape.

The tape at midday: the S&P 500 is trading higher (+0.41%), the Nasdaq +0.20%, and the Dow +1.04%.
Small caps are outperforming: the Russell 2000 +1.72%. Volatility is offered on the session (-5.86%).
Among the mega caps, META is the biggest mover at $690.74 (-2.08%), with TSLA +1.77% and AAPL -0.83%.
Elsewhere on the desk: bitcoin $82,871 (+1.14%), gold via GLD $377.96 (-0.46%), oil via USO $160.07 (-0.46%), long Treasuries via TLT $80.05 (+0.74%).
On the movers board, SAIQ leads the gainers at $5.60 (+66.7%) while ARCI paces the losers (−96.5%). Names moving that fast trade thin — treat the quotes with care.
Numbers as of 13:48 ET. Follow the full tape live in the Terminal.