The S&P 500 was down 0.3% in midday trading to 2,888.71.
The Dow Jones Industrial Average ticked 0.1% higher to 25,969.39.
The Nasdaq dropped 1% to 8,009.56.
The yield on a 10-year Treasury bond rose 0.1% to 2.9%.
The price of gold was rose by 0.2% to $1,201.
Tilly’s Inc. (NYSE: TLYS) in Irvine was down 14% to $21.55 and a $632 million market cap. Shares in the youth fashion retailer had leapt 50% in the last week following a well-received quarterly report and a couple analyst upgrades. Tilly’s yesterday said some shareholders, including chain cofounders Hezy Shaked and Tilly Levine, plan to sell 8.1 million common shares and possibly an extra 1.2 million more; the company won’t receive any funds from the offering.
Habit Restaurants Inc. (Nasdaq: HABT) in Irvine was up 5.4% to $17.55 and a $457 million market cap. Shares in the fast casual burger chain are up 70% in the last six weeks.