The S&P 500 was flat at 3,328.56 during midday trading.

The Dow Jones Industrial Average fell 0.1% to 29,327.23.

The Nasdaq was flat at 9,390.15.

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The yield on a 10-year Treasury bond plunged 3.1% to 1.8%.

The price of gold decreased 0.3% to $1,555.

The price for a barrel of oil was flat at $58.55.

REAL ESTATE

Irvine developer Five Point Holdings LLC (NYSE: FPH) was down 2.6% to $8.64 a share for a market cap of $1.3 billion. The stock has lost nearly 3% since Friday, when analysis site Findanews.com said data suggest that Five Point “stock, for now, is oversold, meaning that the shares are not stable in terms of price movement.” The shares are still up 33% since Jan. 13 when it announced the sale of 781 homesites at Valencia in the fourth quarter.

MANUFACTURING

Cypress-based KushCo Holdings (OTC: KSHB), a supplier of containers and cartridges for the cannabis industry, rose 6.1% to $2 a share for a market cap of $224 million. Politico reported Monday that more than 40 U.S. states could allow some form of legal marijuana by the end of 2020.