Investors embraced the healthcare sector, but stocks mostly retreated from intraday highs. The
Dow closed at a new record high of 14,662, up 89 points while Nasdaq added a more modest 15 points to finish the session at 3,254.
On the upside
B.O.S. Better Online Solutions (Nasdaq:BOSC), an Israeli provider of supply chain solutions, boasted of better than expected 4th quarter revenues and a slim profit.
Optimistic investors snapped up shares of Himax Technologies (Nasdaq: HIMX), a circuit board maker that can benefit from increasing demand for tablet computers.
On the downside
Investors took profits after shares of Lifeway Foods (Nasdaq: LWAY) hit a multi-year high. The maker of cultured dairy products posted record quarterly revenues and earnings.
In the broad market, declining issues outpaced advancers by a slim margin on the NYSE and by a margin of 5 to 4 on Nasdaq. The broader S&P 500 index added 8 points to 1570, a new record high.