 The S&P; 500 fell 0.2% to 4,782.58 during midday trading.
The Dow Jones Industrial Average rose 0.1% to 36,352.97.
The Nasdaq decreased 0.6% to 15,781.74.
The yield on a 10-year Treasury bond was down 1.3% to 1.4620%.
The price of gold rose 0.2% to $1,812.20.
The price for a barrel of oil climbed 0.6% to $76.05.
AUTOMOTIVE
Electric vehicle maker Rivian Automotive Inc. (Nasdaq: RIVN) in Irvine was down 4% to $102.85 per share for a market cap of $90.9 billion. Investor website TheMotleyFool.com said earlier in the day that investing in either Rivian or Lucid Group (Nasdaq: LCID) “is a bet that their technology will hold up as new players enter the space, that they will grow production over time, and one day achieve consistent positive operating cash flow and profitably. It’s a tall order, which is why both companies are some of the highest risk options in the industry.”
HEALTHCARE
Implantable lens maker STAAR Surgical Co. (Nasdaq: STAA) in Lake Forest fell 3.5% to $91.24 for a market cap of $4.3 billion. The shares have lost about 5% in value over the last month. The company is expected to release its next earnings report on Feb. 23.
