The S&P; 500 grew 1.1% to 4,372.38 in midday trading.
The Dow Jones Industrial Average rose 0.5% to 34,329.99.
The Nasdaq increased 1.7% to 13,587.08.
The yield on a 10-year Treasury shed 1.5% to 1.780%.
The price of gold was down 0.5% at $1,785.50.
The price for a barrel of oil fell 0.3% to $86.98.
Irvine-based Xponential Fitness Inc. (NYSE: XPOF) was up 5.4% to $16.76 per share and a market cap of $788 million. Shares in the newly public global fitness franchisor have fallen in half within the past month.
Aliso Viejo auto-focused tech firm indie Semiconductor Inc. (Nasdaq: INDI) rose 6.2% to $7.06 apiece and a $680 million market cap. The company announced Tuesday it will release fourth quarter and 2021 financial results on Feb. 22.