The S&P 500 was down 0.3% to 2,114.80.
The Dow Jones Industrial Average was down 0.4% to 18,058.76. The Nasdaq was down 0.1% to 5,091.86.
The yield on a 10-year Treasury bond was 0.9% to 2.11%.
The price of gold was flat at $1,189.
RETAIL
Irvine-based Boot Barn Holdings Inc. was up 6.5% to $24.22 and a $623 million market cap. The western wear retailer reported earnings that beat analyst forecasts and provided full-year guidance in-line with analyst estimates.
Anaheim-based Pacific Sunwear of California Inc. was down 11.6% to $1.52 and a $111 million market cap. The beach apparel retailer reported revenue that missed analyst estimates, a decline in same-store sales, and weak full-year guidance. Analysts at Mizuho Securities downgraded the company’s shares to “neutral” this morning.
HEALTHCARE
Tustin-based Peregrine Pharmaceuticals Inc. was up 5.2% to $1.41 and a $266 million market cap. Shares had traded by midday at more than twice its full-day 90-day average after the development-stage cancer-drug maker announced a sponsored research agreement with Memorial Sloan Kettering Cancer Center in New York City.
