The S&P 500 rose on Wednesday, hovering near an all-time high, following its muted start to June.
The Dow Jones Industrials came off its highs of the morning, but still prospered 63.92 points to break for lunch at 34,639.23
The S&P 500 captured 11.44 points to 4,213.48.
June is historically a weak month for stocks, but Instinet points out that the S&P 500 has had a better track record recently, gaining every June since 2016.
The NASDAQ grabbed 26.43 points to 13,762.91.
Stocks tied to the economic reopening were a bit weaker on Wednesday. Retails Gap, Kohl's, Nordstrom and Macy's were lower. MGM Resorts and Wynn Resorts were also in the red.
AMC shares were surging again, up another 26%. The meme stock was up 22% on Tuesday after raising $230.5 million through a stock sale.
Zoom Video shares fell 1.5% despite the company reporting blowout earnings on Tuesday. Sales grew 191% in the first quarter.
Inflation fears, and the ways in which the Federal Reserve might respond, have weighed on sentiment recently, although the major averages are still hovering around all-time highs.
Prices for 10-Year Treasurys strengthened, lowering yields to 1.59% from Tuesday's 1.63%. Treasury prices and yields move in opposite directions.
Oil prices climbed 88 cents to $68.60 U.S. a barrel.
Gold prices recovered $3.30 to $1,908.30 U.S. an ounce.