The S&P 500 was up 0.15% to 1,411.35 in midday trading Thursday.

The Nasdaq was up 0.47% to 2,988, while the Dow Jones Industrial Average was up 0.07% to 13,043.

The yield on a 10-year treasury bond fell 0.2% to 1.57%.

The price of gold was up 0.28% to $1,697.10 per ounce.

Shares of Costa Mesa-based networking equipment maker Emulex Corp. were down about 7% to about $6.40 a day after it signaled its intent to acquire Endace Ltd. in New Zealand for $130 million in an all-cash deal. Emulex had a recent market value of about $581 million.