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The S&P 500 was up 0.1% in midday trading to 21,739.94.

The Dow Jones Industrial Average was down 0.1% to 2,432.06.

The NASDAQ was up 0.2% to 6,232.08.

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The yield on a 10-year Treasury bond was up 0.2% to 2.20%.

The price of gold was up 0.1% to $1,293.


Foundation Building Materials Inc. (NYSE: FBM) was down 2.9% to $11.37 and a $487 million market cap on moderate volume. The company makes and distributes construction materials.


Pacific Mercantile Bancorp (NASDAQ: PMBC) was up 3.3% to $7.95 and a $184 million market cap on moderate volume.


Peregrine Pharmaceuticals Inc. (NASDAQ: PPHM) in Tustin was up 2.6% to $3.16 and a $142 million market cap. Shares in the oncology drug developer fell 11% this week amid layoffs and a brewing proxy battle. For more on Peregrine, see Monday’s print edition of the Business Journal.