AOL

(AOL)

was up 4.7% in midafternoon. The brokerage

Charles Schwab

(SCH)

struck a global deal with AOL to become the main financial services provider on the online giant's personal finance channels. Schwab was ahead 4.3%.

Other Internet stocks were higher as well.

Yahoo!

(YHOO)

was up 11.2%.

TheStreet.com Internet Index

(DOT)

was up 6.7%.