The S&P 500 was flat in midday trading at 2,164.31.
The Dow Jones Industrial Average was up 0.1% to 18,861.81.
The NASDAQ was down 0.1% to 5,230.13.
The yield on a 10-year Treasury bond was up 4.3% to 2.21%.
The price of gold was up 0.2% at $1,229.
HEALTHCARE
HCP Inc. in Irvine was up 3.2 % to $29 and a market cap of $13.7 billion. The healthcare facility owner promoted Tom Herzog to Chief Executive Officer from Chief Financial Officer. It also named Justin Hutchens president. Both take their positions on Jan. 1. They succeed Mike McKee who served at interim CEO and president since July 2016. McKee remains executive chairman.
REAL ESTATE
CoreLogic Inc. in Irvine was down 5% to $36.16 and a $3.2 billion market cap. Investment bank Piper Jaffray downgraded the real estate information provider to “neutral” and said it may struggle when higher interest rates are enacted.
MANUFACTURING
Foothill Ranch-based Kaiser Aluminum Corp. was up 2.7% to $82.43 and a $1.5 billion market cap. The metals maker no longer has to pay a carbon tax in Washington state after voters rejected Initiative 732 on the ballot.
AGRICULTURE
Newport Beach-based chemical maker American Vanguard Corp. was up 9% to $17.45 and a $512 million market cap. A Barron’s article said American Vanguard is positioned for a comeback in the crop-protection products market.
