Orange County Business Journal

Midday Stock Roundup

Michael de los Reyes Tuesday, January 10, 2017

The S&P 500 was up 0.4% in midday trading to 2,276.87.

The Dow Jones Industrial Average was down 0.3% to 19,907.73.

The NASDAQ was up 0.3% to 5,535.00.

The yield on a 10-year Treasury bond fell 1.6% to 2.38.

The price of gold rose 1% to $1,188.

HEALTHCARE

HCP Inc. in Irvine was down 2.4% to $30.08 and a $14 billion market cap on moderate volume. The REIT owns 336 post-acute/skilled nursing properties, a surgical hospital and a medical office building.

Nemus Bioscience Inc. in Costa Mesa was down 4.9% to 35 cents and a $7.4 million market cap. The developer of cannabis-based therapeutic products raised $1.2 million from a Series D convertible preferred financing placed by Roth Capital Partners in Newport Beach.

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