The S&P; 500 dropped 0.6% to 3,967.53 during midday trading.
The Dow 30 decreased 0.9% to 31,957.63.
The Nasdaq rose 0.4% to 11,664.64.
The yield on a 10-year Treasury was down 4.3% to 2.946%.
The price of gold fell 0.7% to $1,845.30.
The price for a barrel of oil was down 3.4% to $99.64.
FINANCE
Mortgage company loanDepot (NYSE: LDI) in Foothill Ranch fell 20% to $2.15 per share for a market cap of $697 million, after reporting a greater than expected first-quarter loss and revenue that missed analysts’ estimates.
HEALTHCARE
ICU Medical Inc. (Nasdaq: ICUI) of San Clemente fell 9% to $183.09 per share for a market cap of $4.4 billion. Shares in the medical device maker have lost about 13.1% since the beginning of the year and Zacks Equity Research said earlier today that investors want to know “what’s next for the stock.”
