The Dow Jones Industrial Average also fell about 0.1%, to 27,471.08.

The Nasdaq dropped 0.4% to 8,401.44.

The yield on a 10-year Treasury bond ticked lower by less than 0.1%, to 1.81%.

The price of gold rose 0.6% to $1,493.

The price for a barrel of oil was 1.6% lower at $56.32.


William Lyon Homes (NYSE: WLH) in Newport Beach rose 9% to $20 and a $732 million market cap. The home builder and developer will be bought by Scottsdale, Ariz.-based Taylor Morrison Home Corp. (TMHC) for $2.4 billion in cash and stock.


American Vanguard Corp. (NYSE: AVD), also in Newport Beach, was up about 3% to $15.75 and a $459 million market cap. The chemicals maker reported third-quarter results that beat analyst expectations.