The S&P 500 was down 0.1% in midday trading to 2,470.65.
The Dow Jones Industrial Average was down 0.2% to 21,567.53.
The NASDAQ was down 0.1% to 6,381.21.
The yield on a 10-year Treasury bond was down 1.5% to 2.23%.
The price of gold was up 0.7% to $1,260.
CalAtlantic Group Inc. (NYSE: CAA) in Irvine was up 1.7% to $37.72 and a $4.2 billion market cap. JMP Securities upgraded shares in the developer and home builder to “outperform” with a $44 price target.
ShiftPixy Inc. (NASDAQ: PIXY) in Irvine was down 4.7% to $6.31 and a $168 million market cap. The restaurant industry temp agency lost $2.7 million on revenue of $4.6 million in its most recent quarter, compared with net income of $50,000 on revenue of $2.2 million year-over-year. Shares declined by one-third this week. The company said its growth-mode spending—it launched two years ago and went public last month—contributed to the loss.