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Indexes were higher in midday trading on a strong jobs report that showed nonfarm payrolls and wages rising.

The S&P 500 was up 1.1% to 2,735.49.

The Dow Jones Industrial Average 1% to 24,653.95.

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The Nasdaq 1.5% to 7,553.70.

The yield on a 10-year Treasury bond leapt 2.7% to 2.9%.

The price of gold was 0.4% lower to $1,300.


Edwards Lifesciences Corp. (NYSE: EW) in Irvine was up 3.3% to $142 and a $29.9 billion market cap. It makes heart valves. Shares about $1 below the all-time high.

Masimo Corp. (Nasdaq: MASI) in Irvine was up 1.8% to $100.85 and a $5.2 billion market cap. It makes pulse oximeters.

Glaukos Corp. (NYSE: GKOS) in San Clemente was up 1.7% to $38.41 and a $1.3 billion market cap. BMO Capital maintained an “outperform” rating on the eye stent maker’s shares with a $42 price target.