Stocks flat at midday

FILE -- In an Aug. 3, 2012 file photo trader Dan Tandy, right, works on the floor of the New York Stock Exchange.   U.S. stocks closed mixed Monday Aug. 27, 2012, on one of the quietest trading days of the year.   (AP Photo/Richard Drew)
FILE -- In an Aug. 3, 2012 file photo trader Dan Tandy, right, works on the floor of the New York Stock Exchange. U.S. stocks closed mixed Monday Aug. 27, 2012, on one of the quietest trading days of the year. (AP Photo/Richard Drew)

NEW YORK (AP) — Stocks are flat at midday on Wall Street.

Just before the lunch hour, the Dow Jones industrial average is down 14 points at 12,781. The Standard & Poor's 500 index is down a fraction of a point, and the Nasdaq composite index is off two.

Hewlett-Packard stock is down more than 10 percent after executives said a company that HP bought last year lied about its finances.

Energy stocks are also declining. The price of crude oil is down almost 2 percent as hopes rise for a cease-fire between Israel and Hamas.