The S&P 500 was up 0.8% in midday trading to 2,767.97.

The Dow Jones Industrial Average rose 1.3% to 25,781.24.

The Nasdaq was up 0.4% to 7,453.14.

The yield on a 10-year Treasury bond was up 0.3% to 2.7%.

The price of gold was up 0.5% to $1,320.

The price of oil was up 2.1% to $55.56 a barrel.

FINANCE

Santa Ana’s Banc of California Inc. (NYSE: BANC) was up 3.1% to $15.68 with a market cap of $794 million. Shares have climbed 15% this year.

RESTAURANTS

El Pollo Loco Holdings Inc. (Nasdaq: LOCO) was up 3.7% to $15.22 with a market cap of $595 million. Shares in the Costa Mesa-based eatery have fallen 17.6% since hitting a 52-week high of $18.47 on Jan. 23.