The S&P 500 fell 0.4% to 1,995.55 in midday trading Monday.
The Dow Jones Industrial Average fell 0.45% to 17,021.16, and the Nasdaq was flat at 4,580.20.
The yield on a 10-year Treasury bond rose 2.73% to 2.41%.
The price of gold was down 0.14%.
RESTAURANTS
Costa Mesa-based El Pollo Loco Holdings Inc. was up 6.1% to $34.29 and a market capitalization of $1.2 billion on buying ahead of the chicken chain’s earnings report after market close on Thursday. Analysts’ consensus forecasted earnings per share of $0.17 for the company’s quarter that ended in June.
HEALTHCARE
Irvine-based Biolase Inc. is up 1.9% to $2.20 and a market capitalization of $94.8 million. A report issued yesterday said the global dental equipment market would grow from $5.4 billion this year to $7.1 billion in 2019, a compound annual growth rate of 5.7%. Separately, the dental laser maker named Jeffrey Nugent president and chief executive officer.
