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The S&P 500 was down 0.5% in midday trading to 2,103.93.

The Dow Jones Industrial Average was down 0.6% to 17,745.35.

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The Nasdaq was down 0.3% to 5,155.06.

The yield on a 10-year Treasury bond was down 1.6% to 2.29%.

The price of gold was up 0.2% to $1,094.

TECHNOLOGY

Aliso Viejo-based Microsemi Corp. was up 4% to $32.90 and a $3.1 billion market cap. The semiconductor maker is scheduled to report its most recent quarter’s results today after the markets close.

SERVICES

Newport Beach-based Acacia Research Corp. was up 5% to $9.03 and a $279 million market cap. The patent licensing company is scheduled to report its most recent quarter’s results after markets close today.