Key Takeaways

Major U.S. indexes were mixed and little changed at midday Wednesday ahead of the release of minutes from the Federal Reserve's January meeting. The S&P 500 was slightly higher, while the Dow and Nasdaq edged lower.

Celanese ( CE ) was the worst-performing stock in the S&P 500 after the specialty chemicals manufacturer warned a slowdown in its business could continue in the current quarter.

A warning from Toll Brothers ( TOL ) about demand in some markets sent shares of the homebuilder lower. Shares of rivals dropped as well.

Bumble ( BMBL ) shares sank after the dating app operator gave a weaker-than-expected outlook as the number of its paying users declined.

Garmin ( GRMN ) shares surged to a record high after the maker of navigation and fitness devices reported better-than-expected results and offered a strong outlook.

Hims & Hers Health ( HIMS ) shares also took off as the online health products provider purchased Trybe Labs, adding at-home blood testing to its offerings.

Oil futures rose and gold prices declined. The yield on the 10-year Treasury note was little changed. The U.S. dollar advanced on the euro and pound, but lost ground to the yen. Most major cryptocurrencies traded higher.

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