The S&P 500 was up 0.3% in midday trading to 1,928.90.
The Dow Jones Industrial Average was up 0.3% to 16,314.37.
The Nasdaq was up 0.4% to 4,644.46.
The yield on a 10-year Treasury bond was down 3% to 1.98%.
The price of gold was up 2% to $1,135.
Irvine-based Autobytel Inc. was up 14% to $18.60 and a $195 million market cap. The automobile sales lead provider said it would buy the 85% it doesn’t yet own of Autoweb Inc., an online car auction marketplace.
CalAtlantic Group Inc. was down 5.7% to $38.79 and a $5.4 billion market cap on high volume. The company was formed by the merger of Irvine-based Standard Pacific Corp. and Ryland Group Inc. in Westlake Village. Its shares began trading this week.