The S&P; fell 0.3% to 4,405.35 during midday trading, and the Dow was down 0.5% to 34,575.21 and Nasdaq rose 0.2% at 13,820.97.
Crude oil increased 1% to $94.01 a barrel.
Gold was up 1.5% to $1,869 an ounce.Â
The 10-year bond jumped 2.3% to 2.001%.Â
AUTOMOTIVERivian Automotive Inc. (Nasdaq: RIVN) in Irvine jumped up 8.6% to $63.90 with a market cap of $57 billion. In a recent SEC filing, Soros Fund Management, an investment fund run by notable billionaire investor George Soros, revealed a purchase of 20 million shares in the automotive maker during the fourth quarter of 2021.TECHNOLOGYIrvine-based WM Technology Inc. (Nasdaq: MAPS) fell 5.3% to $5.41. The owner of cannabis online directory, Weedmaps, will report 2021 fourth quarter results on February 23.Â
