Stocks are moving slightly lower at midday following mixed news about the economy and the latest batch of corporate earnings.
The Standard & Poor's 500 index fell 10 points, or 0.5 percent, to 1,971 as of midday Thursday.
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The Dow Jones industrial average fell 56 points, or 0.3 percent, to 17,081. The Nasdaq composite lost 29 points, or 0.7 percent, to 4,396.
Mattel fell 6 percent after the toy maker reported that its income plunged 61 percent in the second quarter.
AutoNation sank 8 percent after the nation's largest auto dealership chain reported earnings that fell short of what investors were looking for.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.48 percent.