The S&P 500 rose 01.6% to 4,465.14 duringmiddaytrading.
The Dow Jones Industrial Average was up 1.8% to 34,878.60 while the the Nasdaq increased 1.3% to 15,082.56.
Crude oil rose 1.6% to $73.36 a barrel.
Gold fell 1.5% to $1,751.90 an ounce.
The yield on a 10-year Treasury jumped 4.3% to 1.393%.
Irvine-based sensor maker Interlink Electronics Inc. (Nasdaq: LINK) dropped 6.8% to $9.98 per share and a market cap of $68.8 million. The company today reported it opened a new engineering center in Glasgow, Scotland to reach international markets and talent.
Irvine-based medical device maker ClearPoint Neuro Inc. (Nasdaq: CLPT) climbed 4.4% to $19.33 per share and a $432 million market cap. The company's stock ranked in the top healthcare stocks in Validea's "Small Cap Growth Investor" report.