U.S. stocks bounced back Monday following investor concerns over the direction of interest rates that drove losses last week.
The S&P 500 was up 1.2% to 4,215.19 in midday trading Monday.
The Dow Jones Industrial Average increased 1.6% to 33,808.50, while the Nasdaq rose 0.7% to 14,122.50.
Crude oil jumped 2.7% to $73.60.
Gold was up 0.9% to $1,784.40.
The yield on a 10-year Treasury rose 1.7% to 1.48%.
Newport Beach-based Evolus Inc. (Nasdaq: EOLS) rose 7.7% to $13.75 with a market cap of $742.5 million. The aesthetics company is up nearly 330% since the start of the year.
Irvine Western apparel and footwear retailer Boot Barn Holdings Inc. increased 5% to $78.63 for a market cap of $2.3 billion. Citi recently upgraded the company’s stock from neutral to buy on the strengthening recovery in markets tied to energy. Boot Barn stock has historically risen alongside oil prices.