The S&P 500 was up 0.1% to 3,195.74 during midday trading.
The Dow Jones Industrial Average rose 0.3% to 28,321.59
The Nasdaq climbed 0.1% to 8,819.75
The yield on a 10-year Treasury bond fell 0.8% to 1.88%
The price of gold was increased 0.1% to $1,481.40.
The price for a barrel of oil rose 1.1% to $60.86.
Banc of California Inc. (NYSE: BANC) of Santa Ana rose 2.8% to $16.67 a share for a market cap of $849 million. Insider Monkey reported that the bank has seen a decrease in hedge fund sentiment lately, adding that “to most investors, hedge funds are perceived as worthless, outdated investment tools of years past.” Bank of California has steadily risen 21% since the end of October.
Data analytics software maker Alteryx Inc. (NYSE: AYX) of Irvine was down 1.9% to $97.22 a share for a market cap of $6.3 billion. The shares have lost 34% of their value since the beginning of September.