Major stock indices were flat in midday trading.
The S&P 500 was at 2,037.99. The Dow Jones Industrial Average was at 17,606. 20. The Nasdaq was at 4,652.20.
The yield on a 10-year Treasury bond was flat at 2.36%.
The price of gold rose up 0.12% to $1,161.20.
HEALTHCARE
San Clemente-based device maker ICU Medical Inc. is up 14.2% to $82 and a market cap of $1.25 billion on its quarterly report and an analyst upgrade. The company said it had adjusted earnings per share of 66 cents compared with 84 cents in the same period last year but 34% higher than analysts’ estimates of 48 cents per share. Roth Capital Partners in Newport Beach upgraded ICU Medical from “hold” to “buy.”
RESTAURANTS
Costa Mesa-based fast food chicken chain El Pollo Loco Holdings Inc. was down 3.7% to $35.22 and a market cap of $1.3 billion. It said insiders would sell 6 million shares after a post-IPO “lock-up” period ends January 21.
