The S&P 500 was up 0.3% to 2,104.21.

The Dow Jones Industrial Average was up 0.3% to 17,999.80. The Nasdaq was up 0.2% to 5,024.1

The yield on a 10-year Treasury bond was up 2.7% to 1.97%.

The price of gold was down 1.3% to $1,188.


Irvine-based Broadcom Corp. was up 4.2% to $45.76 and a $27 billion market cap. The chipmaker said its quarterly revenue grew nearly 4% to $2 billion and that adjusted profits were up 98% to $390 million compared with the same period last year.


Orange County homebuilders’ shares were down as industry stocks declined on Fort Worth-based national homebuilder D.R. Horton trimming its margins guidance for the coming quarter

Irvine-based Tri Pointe Group Inc. was down about 1% to $14.96 and a $2.4 billion market cap. Irvine-based Standard Pacific Corp. was down 2.5% to $8.48 and a market value of its common stock of $2.3 billion. Newport Beach-based William Lyon Homes was down 2.4% to $23.22 and a $730 million market cap. Aliso Viejo-based New Home Co. Inc. was down 2.8% to $15.26 and a $252 million market cap.