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From the desk·OCTOBER 22, 2026·^GSPC

S&P 500 lower at the close (-1.22%) as small caps lead

S&P 500 -1.22%, Nasdaq -2.60%, Russell 2000 +0.11% at the close — the desk's close read on the tape.

The tape at the close: the S&P 500 finished lower (-1.22%), the Nasdaq -2.60%, and the Dow +0.02%.

Small caps are outperforming: the Russell 2000 +0.11%. Volatility is bid on the session (+14.09%).

Among the mega caps, META is the biggest mover at $648.91 (-6.97%), with AMZN -4.53% and NVDA -4.36%.

Elsewhere on the desk: bitcoin $81,522 (-3.06%), gold via GLD $369.02 (-2.62%), oil via USO $162.49 (+1.68%), long Treasuries via TLT $81.73 (+1.86%).

On the movers board, SZZL leads the gainers at $10.51 (+58.3%) while GPAC paces the losers (−99.9%). Names moving that fast trade thin — treat the quotes with care.

Numbers as of 17:22 ET. Follow the full tape live in the Terminal.

WallStreetStocks Newsroom · Not investment advice