The S&P 500 was up 0.1% to 3,292.59 during midday trading.

The Dow Jones Industrial Average rose 0.5% to 29,046.77.

The Nasdaq climbed 0.2% to 9,292.24.

The yield on a 10-year Treasury bond fell 1% to 1.8%.

The price of gold decreased 0.4% to $1,544.

The price for a barrel of oil rose 0.6% to $58.44.

REAL ESTATE

Irvine developer Five Point Holdings LLC (NYSE: FPH) rose 9.5% to $7.21 per share for a market cap of $1.1 billion. The company announced the sale of the first homesites at its new master-planned community in Los Angeles County the day before, with about $135 million in proceeds from the closed homesites.

MANUFACTURING

Frozen food and snack company Bridgford Foods Corp. (Nasdaq: BRID) of Anaheim fell 4.4% to $26.91 per share for a market cap of $244 million. An analysis yesterday on the Simply Wall Street website said the company’s “statutory profits” might give investors an “overly positive impression.” The stock had climbed 18% in the prior three trading sessions.