The S&P 500 was down 0.2% in midday trading to 2,407.93.

The Dow Jones Industrial Average was down 0.2% to 20,988.93.

The NASDAQ was down 0.3% to 6,185.90

The yield on a 10-year Treasury bond was flat at 2.20%.

The price of gold was up 0.8% to $1,276.

FINANCE

First Foundation Inc. in Irvine was down 3% to $15.12 and a $499 million market cap on moderate volume. The holding company provides financial services that include banking to high-net worth individuals

RETAIL

Tilly’s Inc. in Irvine was up 5% to $10.70 and a $309 million market cap on moderate volume. The company runs a chain of youth fashion retail stores.

HEALTHCARE

Presbia PLC in Irvine was up 7% to $2.80 and a $48 million market cap on high volume. The company makes an optical lens implant to treat farsightedness—a device approved for international sales but not in the U.S.—had by midday traded shares at about eight times its daily volume.