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The S&P 500 was up 0.1% to 3,666.23 in midday trading.

The Dow Jones Industrial Average rose 0.1% to 29,858.46.

The Nasdaq fell 0.1% to 12,340.13.

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The yield on a 10-year Treasury bond increased 2.6% to 0.958%.

Oil climbed 1.5% to $45.21 a barrel.

The price of gold was up 0.8% to $1,833 an ounce.

MEDICAL DEVICES

Avid Bioservices Inc. (Nasdaq: CDMO) climbed 6.4% to $9.35 and a $528 million market cap. The Tustin-based contract biologics manufacturer yesterday declared a 65-cent cash dividend for its 10.5% Series E Convertible Preferred stock. The dividend is equivalent to an annualized 10.5% per share.

ENVIRONMENT

Montrose Environmental Group (NYSE: MEG) fell 8.3% to $27.30 and a $681 million market cap. On Nov. 24, the Irvine-based provider of environmental services priced a secondary offering by certain shareholders at $27.25. The offering was expected to close on Nov. 30.