S&P 500, Dow close at new record highs

The Dow Jones Industrial Average and the S&P 500 Index turned in another day of record closing highs Wednesday. The Dow industrials rose 24.45 points, or 0.1%, to close at 18,372.12, for its second record closing high in as many days. The S&P 500 Index advanced 0.29 points to close at 2,152.43, for its third record closing high in as many days. The Nasdaq Composite index declined 17.09 points, or 0.3%, to finish at 5,005.73, wiping out its fractional gain on the year seen on Tuesday.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.