The S&P 500 was up 0.2% in midday trading to 2,602.79. The Dow Jones Industrial Average also rose 0.2%, to 23,561.04. The yield on a 10-year Treasury bond hiked up 0.8% to 2.34%. The price of gold dropped 0.4% to $1,292. Peregrine Pharmaceuticals Inc. (Nasdaq: PPHM) in Tustin was up 3% to $4.49 and a $202 million market cap. The cancer drug developer and private label drug maker scheduled a shareholder meeting for Jan. 18—a move activist investors have pushed Peregrine to make.