The S&P 500 was up 0.1% at 3,938.59 during midday trading.

The Dow Jones Industrial Average rose 0.3% to 31,538.79.

The Nasdaq fell 0.1% to 14,076.43.

The yield on a 10-year Treasury bond surged 7.1% to 1.285%.

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The price of gold slipped 1.5% to $1,795.70.

The price for a barrel of oil rose 0.7% to $59.90.

TECHNOLOGY

Artificial intelligence company Veritone Inc. (Nasdaq: VERI) in Costa Mesa fell 7.5% to $43.48 per share for a market cap of $1.4 billion; despite today's fall, the shares have risen more than 50% since the start of the year. Analyst website SeekingAlpha.com said on Friday: “Steer firmly clear here: there's little to support Veritone's unexplained rally over the past year, and once the market sells off these phantom gains will be primed to burst.”

REAL ESTATE

CoreLogic Inc. (NYSE: CLGX), an Irvine-based provider of real estate data, rose 7% to $87.74 per share for a market cap of $6.4 billion. Bloomberg News reported earlier in the day that CoStar Group Inc. boosted its offer to acquire CoreLogic to $95.76 a share, topping a bid the property-data company accepted earlier this month.