12:25 PM EDT, 08/27/2024 (MT Newswires) -- US equity indexes and government bond yields traded mixed in midday trading Tuesday after a closely monitored consumer confidence gauge surprisingly increased.

The S&P 500 and the Nasdaq Composite were fractionally changed at 5,620.9 and 17,736.6, respectively. The Dow Jones Industrial Average fell 0.2% to 41,173.7. Consumer discretionary, energy, and utilities led the decliners intraday, while financials and technology were among the few gainers.

In economic news, the Conference Board's measure of consumer confidence rose to 103.3 in August from 101.9 in July, above a reading of 100.8 expected in a survey compiled by Bloomberg.

The Case-Shiller National Home Price index rose 0.5% in June before seasonal adjustment, a slower rate than a 0.9% gain in May. The 20-city reading rose 0.6%, versus analysts in a survey compiled by Bloomberg expecting a 0.3% gain.

The Dallas Federal Reserve's monthly general business services index worsened to minus 7.7 in August from minus 0.1 in July.

Treasury yields were mixed, with the 10-year up 2.8 basis points to 3.85%. The two-year yield at 3.93% reflected a decline of less than one basis point.

West Texas Intermediate crude oil fell 2% to $75.90 a barrel.

In company news, Insulet ( PODD ) shares jumped 8% intraday, the leader on the S&P 500, after the company said the US Food and Drug Administration cleared its Omnipod 5 automated insulin delivery system for adults with type 2 diabetes.

Morgan Stanley adjusted its price target on Coca-Cola (KO) shares to $78 from $70 while maintaining its overweight rating. Shares were up just under 1% intraday, among the top gainers on the Dow.