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
Shares of Vodafone (NYSE: VOD) resumed its rally on continued talks about a possible takeover by AT&T (NYSE: T) or Verizon Communications (NYSE: VZ).
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.
New costs to reduce sulfur in gasoline and tighten auto emission standards may hurt profit margins for refineries. Shares of Valero Energy (NYSE: VLO) and Western Refining (NYSE: WNR) lost ground.
Silvercorp Metals (NYSE: SVM) and Rubicon Minerals (NYSE: RBY) were among the biggest decliners as precious metals prices fell sharply.
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.
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