The S&P 500 was down 0.2% in midday trading to 2,388.78.
The Dow Jones Industrial Average was down 0.2% to 20,880.88.
The NASDAQ was flat at 6,118.53.
The yield on a 10-year Treasury bond was down 3% to 2.33%.
The price of gold rose 0.3% to $1,228.
Newport Beach-based William Lyon Homes was up 3% to $23.57 and a $753 million market cap. The home builder’s shares were up about 8% on the week following a positively received quarterly report.
San Clemente-based TeleHealthCare Inc. was down 23% to 30 cents and a $46 million market cap on above-average volume. The firm makes software that lets patients and others share information remotely with caregivers.
Newport Beach-based Veritone Inc. saw shares of its initial public offering drop about 4% to $14.37 on its first day of trading. The ad placement company went public today, the second Orange County company to do so this week, along with Aliso Viejo-based FivePoint Communities Inc.
Acacia Research Corp. in Newport Beach was down 3.5% to $4.82 and a $247 million market cap on average volume. The patent licensing company owns a stake in Veritone.