The S&P 500 fell 0.56% to 1,986.26 in midday trading.

The Dow Jones Industrial Average fell 0.38% to 16,984.52 and the Nasdaq fell 0.5% to 4,568.95.

The yield on a 10-year Treasury bond rose 2.13% to 2.59%.

The price of gold was down 0.18% to $1,240.30.


Irvine-based Autobytel Inc. was up 8.7% to $8.69 and a market cap of $78.4 million. It said revenue would grow 25% to 26% in the third quarter compared to the same period last year and higher than previously anticipated. It reiterated earnings per share of 22 to 25 cents.


Mission Viejo-based Care Trust REIT Inc. was down 2.7% to $16.42 and a market cap of $381.6 million. St. Louis-based Stifel Nicolaus initiated coverage with a “hold” rating on the stock.