Stocks were mostly higher during midday trading while the tech rally stalled, sending the Nasdaq lower.
The S&P 500 was up 0.4% to 3,169.11.
The Dow Jones Industrial Average rose to 26,342.40 for a nearly 1% increase.
The Nasdaq fell 0.6% to 10,330.25.
The yield on a 10-year Treasury bond dropped 5.5% to 0.605%
The price of gold decreased less than 0.1% to $1,813.
The price for a barrel of oil rose 0.8% to $40.40.
HEALTHCARE
Irvine-based Edwards Lifesciences (NYSE:EW), Orange County’s largest publicly traded firm, rose 4.4% to $70.15 per share for a market cap of $44.6 billion. Edwards and Abbott Laboratories (NYSE: ABT) announced yesterday that they had reached a settlement on a set of patent disputes centered on heart valve devices.
TECHNOLOGY
Tech-based restaurant staffing company ShiftPixy Inc. (Nasdaq: PIXY) in Irvine fell 5.4% to $4.56 per share for a market cap of almost $73 million. Restaurants, bars and other hospitality-related companies have been hit by restrictions indoor dining in California and other states hit by a resurgence of the COVID-19 pandemic.
