The S&P 500 was up 0.3% in midday trading to 2,159.93.
The Dow Jones Industrial Average was up 0.6% to 18,474.33.
The NASDAQ was up 0.4% to 5,026.21.
The yield on a 10-year Treasury bond was up 5.2% to 1.54%.
The price of gold was down 0.8% to $1,332.
Irvine-based Banc of California Inc. was up 3.8% to $19.80 and an $874 million market cap on moderate volume. The company provides banking services.
Irvine-based Boot Barn Holdings Inc. was down 3.9% to $8.98 and a $231 million market cap on moderate volume. The company operates a chain of western apparel stores.