The S&P 500 fell 0.1% to 4,354.6 in midday trading Friday.

The Dow Jones Industrial average was down 0.2% to 34,926, while the Nasdaq was off 0.1% to 14,530.55.

Crude oil increased 0.5% to $72.01.

Gold fell 0.8% to $1,814.30.

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The yield on a 10-year Treasury rose 1.2% to 1.3%.


Irvine-based WM Technology Inc. (Nasdaq: MAPS), the parent to Weedmaps, fell 7% to $14.22 for a market cap of $1.8 billion. The company, which acts as a search platform for local dispensaries and other information, was trading on volume higher than its daily average Friday. It went public last month through a reverse merger that yielded it $579 million in proceeds.

Indie Semiconductor Inc. (Nasdaq: INDI) shares rose 5.5% to $9.37 for a market cap of $1.3 billion. The Aliso Viejo-based auto tech company, which went public in a June reverse merger, was trading on volume above its daily average.