The S&P; 500 was down 0.7% to 4,678.93 during midday trading.
The Dow Jones Industrial Average fell 0.8% to 35,667.63.
The Nasdaq fell 1.1% to 15,458.80.
The yield on a 10-year Treasury bond decreased 4.1% to 1.4280%.
The price of gold rose 0.2% to $1,788.90.
The price for a barrel of oil rose 0.1% to $71.77.
FRANCHISING
Boutique fitness franchisor Xponential Fitness Inc. (NYSE: XPOF) fell 7.3% to $20.42 apiece for a market cap of $955 million. The shares have decreased 12% over the last month. Despite the drop, Roth Capital has a buy rating on the stock with a $29 price target, Yahoo Finance said last week.
RETAIL
Western-themed retail Boot Barn Holdings Inc. (NYSE: Boot) in Irvine fell 11.6% to $114.86 apiece for a market cap of $3.4 billion. The shares have slid 4% over the past month.
