The Dow Jones Industrial Average was flat at 17,906.24. The Nasdaq was up 0.1% to 4,954.68.
The yield on a 10-year Treasury bond was up 3.1% to 1.95%
The price of gold fell 0.8% to $1,194.
TECHNOLOGY
Irvine-based Broadcom Corp. was up 1.7% to $43.71 and $26.2 billion market cap. Miami-based Ladenburg Thalmann initiated coverage on the chipmaker with a “buy” recommendation and a target price of $51.
SERVICES
Irvine-based Resources Connection Inc. was down 5.3% to $16.56 and a $623.4 million market cap. The consulting company’s third quarter report missed analyst expectations on revenue, a news report said.
