Orange County Business Journal

Midday Stock Roundup

Kari Hamanaka Thursday, April 24, 2014

The S&P 500 rose 0.28% to 1,880.66 in afternoon trading Thursday.

The Dow Jones Industrial Average was up 0.07% to 16,513.78, while the Nasdaq was up 0.64% to 4,153.52.

The yield on a 10-year Treasury bond rose 0.34% to 2.70%.

The price of gold was up 0.53% to $1,291.40 per ounce.

TECHNOLOGY

Santa Ana-based Ingram Micro Inc. slumped about 12% to $26.76 after reporting an adjusted first-quarter profit that missed Wall Street expectations. Ingram is the world’s largest distributor of computers, software and other technology products and had a recent market value of $4.14 billion

FINANCE

First American Financial Corp. rose about 6% to $27.61 after reporting better than expected first-quarter results before market open. First American had a recent market value of $2.93 billion.