The S&P 500 was up 0.1% in midday trading to 2,293.54.

The Dow Jones Industrial Average was up 0.2% to 20,093.23.

The NASDAQ was up 0.3% to 5,677.08.

The yield on a 10-year Treasury bond down 1.1% to 2.39%.

The price of gold rose 0.3% to $1,236.

FINANCE

First Foundation Inc. in Irvine was up 4.5% to $15.67 and a $512 million market cap. The banking firm and financial advisor reported quarterly net income of $6.5 million on revenue of $32.6 million, up 29% and 22%, respectively, and annual net income of $23.3 million on revenue of $124 million, up 74% and 43% respectively.

HEALTHCARE

ICU Medical Inc. in San Clemente was up 2.2% to $142.18 and a $2.3 billion market cap. The device maker for infusion, oncology and critical care uses in hospitals completed its acquisition of Hospira Infusion Systems from Pfizer Inc.