Share this article:

The S&P 500 was down 0.3% to 4,482.66 during midday trading.

The Dow Jones Industrial Average decreased 0.2% to 35,342.70.

The Nasdaq declined 0.2% to 15,015.66.

The yield on a 10-year Treasury bond climbed 0.8% to 1.353%.

The price of gold increased 0.2% to $1,794.80.

Get the latest OC business updates for FREE

The price for a barrel of oil dropped 1.08% to $67.62.

 

TECHNOLOGY

Auto tech maker Indie Semiconductor Inc. (Nasdaq: INDI) in Aliso Viejo jumped 4.8% to $10.12 per share for a market cap of $1.3 billion. Analysts expect the stock to climb 70.8% over the next 12 months.


Irvine-based maker of low carbon products Clean Energy Technologies Inc. (OTC: CETY) jumped 6% to 4 cents per share and a $39.1 million market cap. The company this month reported it has finalized a deal to develop with Ashfield Ag Resources a $15,000,000 renewable energy processing facility in Massachusetts.