The S&P 500 was up 0.4% in midday trading to 2,150.30.

The Dow Jones Industrial Average was up 0.4% to 18,222.14.

The NASDAQ was up 0.9% to 5,304.77.

The yield on a 10-year Treasury bond rose 1.8% to 1.77%.

The price of gold fell 0.4% to $1,263.

FINANCE

Irvine-based Opus Bank was down 7.4% to $21.45 and a $735 milliong market cap. The bank holding company in its most recent quarter lost $3 million on revenue of about $76.9 million, compared with net income of $14.7 million on revenue of about $58.7 million, year-over-year.

HEALTHCARE

Costa Mesa-based Nemus Bioscience Inc. was up 17.7% to 80 cents and a $16 million market cap on high volume. The company is developing cannabis-based therapies.