The S&P 500 was down 0.2% in midday trading to 2,351.91.
The Dow Jones Industrial Average was flat at 20,650.09.
The NASDAQ declined 0.3% to 5,864.56.
The yield on a 10-year Treasury bond declined 1.8% to 2.32%.
The price of gold rose 1.5% to $1,273.
HEALTHCARE
Newport Beach-based Alliance Healthcare Services Inc., rose $2.55, or 25% to $12.60 and a $136 million market cap. The provider of radiology and oncology services said it would be acquired by China-based Tahoe Investment Group Co. Ltd. for $13.25 a share in cash, an increase over Tahoe’s December bid of $9.60 in cash.
FINANCE
Santa Ana-based Banc of California climbed 6.9% to $21.70. Wells Fargo today upgraded the bank’s shares to “outperform” with a $24 to $26 price target and said “that all options, including a sale, are in play,” according to thefly.com.
