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The S&P 500 declined 0.4% to 3,945.52  in midday trading.
The Dow Jones Industrial Average rose 0.2% to 32,875.67.
The Nasdaq fell 1% to 13,331.75.
The yield on a 10-year Treasury bond increased 2.6% to 1.662%.
Oil dropped 1.8% to $63.65 a barrel.
The price of gold was down 0.3% to $1,726 an ounce.

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Allied Esports Entertainment Inc. (Nasdaq: AESE) rose 3.7% to $2.79 and a $109 million market cap. The Irvine-based company said a revised proposal from Bally’s Corp. to acquire the World Poker Tour constitutes a “superior proposal” under the company’s pending stock purchase agreement with Element Partners LLC.

Oncocyte Corp. (Nasdaq: OCX) dropped 6.2% to $4.81 and a $425 million market cap. The Irvine-based provider of lung cancer tests yesterday reported fourth quarter revenue climbed to $503,000 from zero a year ago while its net loss narrowed to $6.3 million from $8 million a year earlier.