The S&P 500 was up 0.3% in midday trading to 2,740.17.
The Dow Jones Industrial Average rose 0.2% to 25,252.36.
The Nasdaq ticked up 0.1% to 7,260.98
The yield on a 10-year Treasury bond fell 0.9% to 2.86%.
The price of gold was flat at $1,356.
CalAmp Corp. (Nasdaq: CAMP) in Irvine was up 1.1% to $24.68 and an $879 million market cap. Shares in the fleet management software maker were upgraded to “overweight” from “equal-weight” by First Analysis with a price target of $29. Newport Beach-based Roth Capital Partners initiated coverage on CalAmp earlier this month with a “buy” rating and a $28 price target.
Avid Bioservices Inc. (CDMO) in Tustin was up 5.9% to $2.51 and a $114 million market cap. The contract drug maker priced a secondary offering yesterday at $2.25 a share, about a dollar below where Avid started the week.