The S&P 500 was up 1.05% to 1,818.65 in afternoon trading Tuesday.
The Dow Jones Industrial Average rose 1.24% to 15,997.56, while the Nasdaq rose 1.01% to 4,190.07.
The yield on a 10-year Treasury bond was up 1.87% to 2.73%.
The price of gold rose 1.17% to $1,289.60 per ounce.
Shares of Huntington Beach-based Quiksilver Inc. were up about 4% to $7.21 for a market value of $1.22 billion. Zacks Investment Research raised its rating on the company’s stock from “underperform” to “neutral.”
Newport Beach-based patent licensor Acacia Research Corp. rose about 4% to $14.25 for a market value of $711.44 million. The company saw its rating raised from “underperform” to “neutral” by Zacks Investment Research.
Huntington Beach-based BJ’s Restaurants Inc. was up about 3% to $29.42 for a market value of $830.44 million. Restaurant operators were generally up on Tuesday.
Irvine-based TRI Pointe Homes Inc. was off about 4% to $17.48 for a market value of $552.44 million. JMP Securities lowered its rating on TRI Pointe’s stock from “outperform” to “market perform.”
Shares of Santa Ana-based for-profit school operator Corinthian Colleges Inc. rose about 10% to $1.44 for a market value of $125.47 million. For-profit school operators were generally up on Tuesday.