The S&P 500 rose 0.4% in midday trading to 2,480.20.

The Dow Jones Industrial Average increased 0.6% to 21,648.70.

The NASDAQ was up 0.1% to 6,417.28.

The yield on a 10-year Treasury bond increased 2.8% to 2.32%.

The price of gold was down 0.2% to $1,252.

HEALTHCARE

Cryoport Inc. (Nasdaq: CYRX) in Irvine jumped 10.1% to $6.32 and a $150 million market cap. It said it expects “significant” revenue growth as a result of an agreement with Novartis to support the first potentially commercialized CAR-T cell therapy.

RETAIL

Tilly's Inc. (NYSE: TLYS) in Irvine rose 6.8% to $10.25 and a $295 million market cap. Shares of the retail chain of stores have almost doubled since their 52-week low a year ago.