The S&P 500 was up 0.5% in midday trading to 2,788.40.

The Dow Jones Industrial Average rose 0.6% to 25,994.26.

The Nasdaq was up 0.7% to 7,513.86.

The yield on a 10-year Treasury bond was down 1.4% to 2.7%.

The price of gold was up 0.3% to $1,332.

The price of oil was up 0.6% to $57.30 a barrel.

RESTAURANT

Huntington Beach-based restaurant chain BJ’s Restaurants Inc. (Nasdaq: BJRI) dropped 8.6% to $47.51 with a market cap of $1 billion. It reported mixed results for the fourth quarter Thursday with earnings at 49 cents, missing analyst estimates of 50 cents, and quarterly revenue of $280.5 million, in line with expectations.

RETAIL

Work and Western boot and apparel retailer Boot Barn Holdings Inc. (Nasdaq: BOOT) was up 4.4% to $28.80 with a market cap of $817 million. Shares have climbed 72% this year.