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The S&P 500 declined 0.8% to 2,004.33 in midday trading.
The Dow Jones Industrial Average was down 0.9% to 17,337.86, and the Nasdaq fell 1.2% to 4,597.72.
The yield on a 10-year Treasury bond declined 5.4% to 1.93%.
The price of gold rose 1.4% to $1,221.
HEALTHCARE
Irvine-based Edwards Lifesciences Corp. was down 1.6% to $125.77 and a $13.5 billion market cap of $13.5 billion on an analyst downgrade. Northland Capital rates the stock at “market perform,” down from “outperform.”
RESTAURANTS
Costa Mesa-based El Pollo Loco Holdings Inc. was up 5.6% today to $22.02 and a market cap of about $820.3 million on an analyst’s upgrade. Jeffries & Co. upgraded the stock to “buy” from “neutral.”
