Airlines and cruise lines took a hit while Shopify and RH traded higher around midday.
— Shares of the life insurance company gained more than 3% after Credit Suisse began coverage of the stock with an outperform rating. SelectQuote went public on May 21 with an IPO pricing of $20 a share, and now it's trading above $28 apiece. The stock has gained a few recommendations from Wall Street analysts since its IPO, including Piper Sandler, Cantor Fitzgerald and RBC Capital.— Starbucks fell 0.
—CNBC's Yun Li, Maggie Fitzgerald, Jesse Pound, Tom Franck and Michael Bloom contributed to this report.
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