The S&P 500 was up 0.3% to 1,963.73.
The Dow Jones Industrial Average was up 0.5% to 16,462.55.
The Nasdaq was down 0.1% to 4,824.40.
The yield on a 10-year Treasury bond was up 3.6% to 2.21%.
The price of gold was down 0.5% to $1,132.
Shares of Orange County-based builders were down after the National Association of Realtors in Washington, D.C. said sales of existing homes fell by about 5% in August from the prior month to a seasonally adjusted annual rate of 5.3 million, as solid job growth and low mortgage rates were offset by higher median home prices.
Irvine-based Standard Pacific Corp. was down 1.8% $8.62 to a $2.4 billion value on its common stock. Irvine-based Tri Pointe Group Inc. was down 2.2 % to $14.02 and a $2.3 billion market cap. Newport Beach-based William Lyon Homes was down 3.7% to $23.51 and a $745 million market cap. Aliso Viejo-based New Home Co. Inc. was down 1.7% to $14.52 and a $239 million market cap.
Laguna Hills-based Glaukos Corp. was down 14% to $26.47 and a $935 million market cap. The U.S. District Court in Delaware ruled against the eye-care device maker in a patent dispute with Transcend Medical Inc. in Menlo Park.
Irvine-based Sabra Health Care REIT Inc. was up 3.8% to $25.74 and a $1.6 billion market cap. Analysts at Mizuho maintained a “buy” rating on the healthcare facility owner’s shares with a price target of $30.
Irvine-based Habit Restaurants Inc. was down 6.3% to $24.11 and a $667 million market cap on higher-than-average trading volume.