All three indices were trading in the green Friday, with the S&P 500 and Nasdaq both touching record intraday highs. Today's session follows up a disappointing one Thursday that saw all three indices decline.

Healthcare was one of the few lagging sectors Friday after President Trump signed an executive order that cuts off federal subsidies for health insurers participating in the exchanges created under Obamacare.
Shares of Anthem (ANTM - Get Report) were down nearly 3%, while Aetna (AET) fell 1.26% and UnitedHealth Group (UNH - Get Report) declined 0.5%.

Banking stocks were mixed Friday after Bank of America, PNC and Wells Fargo all released their quarterly results ahead of the opening bell. Bank of America beat analysts top and bottom line estimates as higher interest rates helped boost the bank's bottom line.

Wells Fargo shares were falling however after the company reported a nearly 20 cent drop in year over year earnings after the company took a $1 billion charge for previously disclosed mortgage-related regulatory investigations.

Thats your midday Wall Street wrap. From New York, Im Tony Owusu for TheStreet.