The S&P 500 rose 0.13% to 2,069.63 in midday trading.

The Dow Jones Industrial Average was flat at 17,802.07 and the Nasdaq rose 0.39% to 4,776.82.

The yield on a 10-year Treasury bond declined 0.93% to 2.24%.

The price of gold was flat at $1,198.10.


Irvine-based Standard Pacific Corp. was down 1.1% to $7.47 and a market cap of $2.1 billion, a second day of slight declines after a Bank of America analyst downgraded shares from “buy” to “neutral.” The stock is down about 2% this week.


Anaheim-based Pacific Sunwear of California Inc. was down 3.4% to $1.70 and a market cap of $117.7 million after a D.A. Davidson analyst said its losses would be slightly deeper than expected when the company reports its quarterly results next Wednesday. The analyst expects revenue and same store sales to decline as well.