The S&P 500 was down 0.3% to 4,482.66 during midday trading.
The Dow Jones Industrial Average decreased 0.2% to 35,342.70.
The Nasdaq dropped 0.2% to 15,015.66.
The yield on a 10-year Treasury bond climbed 0.8% to 1.353%.
The price of gold increased 0.2% to $1,794.80.
The price for a barrel of oil declined 1.08% to $67.62.
Auto tech maker Indie Semiconductor Inc. (Nasdaq: INDI) in Aliso Viejo jumped 4.8% to $10.12 per share for a market cap of $1.3 billion. Analysts expect the stock to climb 70.8% over the next 12 months.
Irvine-based maker of low carbon products Clean Energy Technologies Inc. (OTC: CETY) jumped 6% to 4 cents per share and a $39.1 million market cap. The company this month reported it has finalized a deal to develop with Ashfield Ag Resources a $15 million renewable energy processing facility in Massachusetts.