Trading was light at midday as investors waited for the release of the Federal Reserve’s meeting minutes and insights about possible interest changes.
The S&P 500 was up 0.3 % to 2,141.99. The Dow Jones Industrial Average was up 0.2% to 18,168.13. The NASDAQ was flat at 5,248.15.
The yield on a 10-year Treasury bond rose 1.8% to 1.79%.
The price of gold was down 0.2% to $1,253.
TECHNOLOGY
Aliso Viejo-based Microsemi Corp. was down 1.4% to $38.47 and a $4.4 billion market cap. Analysts estimate the semiconductor maker to have revenue of $433 million, down 3%, for the quarter ended in September. The company is expected to announce fourth quarter results by Oct. 31.
HEALTHCARE
Irvine-based Sabra Health Care REIT Inc. was up 1.2% to $23.65 and a $1.5 billion market cap. The owner and manager of real estate leased to health care companies is selling 29 skilled-nursing facilities.
FINANCE
Santa Ana-based First American Financial Corp. was up 2.2% to $40.31 and a $4.4 billion market cap. The title insurance firm bought TD Service Financial Corp. of Orange on undisclosed terms.
