The S&P 500 was up 1.8% to 2,850.04 in midday trading Friday.
The Dow Jones Industrial Average rose 2% to 24,001.29, while the Nasdaq was up 0.7% to 8,594.32.
Crude oil was off 8.5% to $18.19.
Gold was down 1.7% to $1,701.60.
The yield on a 10-year Treasury bond was up 0.7% to 0.61%.
HEALTHCARE
OC medical device and healthcare-related real estate companies were generally up on Friday.
Irvine-based medical device company Axonics Modulation Technologies Inc. (Nasdaq: AXNX) jumped 13% to $34.31, a day after the company said in an SEC filing most employees would take a temporary 20% pay cut for the rest of the second quarter. At the same time, Axonics said some of its manufacturing workers will see a 10% boost to their hourly pay. Axonics had a recent market cap of $1 billion.
Other device makers also seeing gains, include Edwards Lifesciences (NYSE: EW) of Irvine, up 4.4% to $226.98 for a market value of $47 billion. San Clemente-based Glaukos Corp. (NYSE: GKOS) rose 4.2% to $36.11 for a market cap of $1.6 billion.
Healthcare real estate investment trust Healthpeak Properties Inc. (NYSE: PEAK) was up 6% to $26.25 for a market value of $13 billion. Nursing home and rehab operator Ensign Group (Nasdaq: ENSG) of Mission Viejo was up 3.5% to $37.79 for a market cap of $2 billion.
