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The S&P 500 slipped 0.2% to 4,441.22 in midday trading.
The Dow Jones Industrial Average dropped 0.2% to 35,284.52 while the Nasdaq was flat at 14,660.21.
The yield on a 10-year Treasury bond increase 2% to 1.283%.
The price of gold decreased 0.2% to $1,785 an ounce.
The price for a barrel of oil fell 1.2% to $65.78.

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Irvine-based memory products maker Netlist Inc. (OTC: NLST) climbed 11% to $6.96 and a $1.5 billion market cap. The shares are still down about 19% since reporting second quarter results on Aug. 3.

Vizio Holding Corp. (NYSE: VZIO) was down 4.8% to $18.92 and a $3.5 billion market cap. The Irvine-based maker of smart TVs has declined by about a third in the past month.