The S&P 500 was up 0.3% in midday trading to 2,053.53.
The Dow Jones Industrial Average was up 0.4% to 17,648.63.
The NASDAQ was up 0.4% to 4,867.82.
The yield on a 10-year Treasury bond was up 0.6% to 1.73%.
The price of gold was up 1.1% to $1,258.
Irvine-based Western Digital Corp. was up 3.9% to $44.72 and a $10.4 billion market cap. Cowen & Co. initiated coverage on the memory products maker’s shares with a “market perform” rating and a $46 price target.
Mission Viejo-based Ensign Group Inc. was down 3.3% to $22.17 and a $1.1 billion market cap. Shares in the healthcare property owner are settling back after rising about 3% last week when the company bought 18 skilled nursing facilities in Texas. Ensign Group now has 46 properties in Texas and 204 overall.