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Thursday, Dec 1, 2022
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Midday Stock Roundup

The S&P 500 was up 0.2% in midday trading to 2,175.01.

The Dow Jones Industrial Average was down 0.1% at 18,442.31.

The NASDAQ was up 0.2% to 5,165.21.

The yield on a 10-year Treasury bond was down 2.1% to 1.48%.

The price of gold was up 1.2% to $1,357.

TECHNOLOGY

Irvine-based Western Digital Corp. was down 12% to $47.16 and a market cap of $13.3 billion. The memory products maker swung to a net loss of $351 million on revenue of $3.5 billion for its most recent quarter compared with net income of $220 million on revenue of $3.2 billion, year-over-year.

REAL ESTATE

Irvine-based CalAtlantic Group Inc. was down about 9% to $36 and a market cap of $4.3 billion. The homebuilder reported higher net income and revenue but its average selling price and margins were down in its most recent quarter compared with the same period last year.

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