FILE - Trader Ashley Lara works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Feb. 19. (AP Photo/Richard Drew, File)

NEW YORK (AP) — Technology companies led stocks higher inmiddaytrading Wednesday as investors set aside some of their concerns about the virus outbreak that originated in China.

New cases of the virus fell for a second straight day. China’s top diplomat told counterparts in Southeast Asia that the situation “is under effective control” in the province where the outbreak is centered.

The gainsmark a reversal from Tuesday when tech stocks led the market lower after Apple warned that its revenue would take a hit because of the outbreak. Apple rose 1.6% and chipmaker Nvidia jumped 5%.

Bond prices fell, pushing yields higher. The yield on the 10-year Treasury rose to 1.56% from 1.55% late Tuesday. JP Morgan Chase, Bank of America and other banks climbed.

Navigation device maker Garmin and chipmaker Analog Devices jumped after reporting strong earnings. Safe-play assets like real estate companies and utilities lagged behind.