April 02, 2013 at 17:30 PM EDT
Dow and S&P Close at New Record Highs
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.
AT&T, Inc. B.O.S. Better On-Line Solutions Ltd. Dow Jones Industrial Average Dow Jones Industrial Average (EOD) HIMAX TECH SP ADR Lifeway Foods, Inc. NASDAQ 100 NASDAQ Composite NYSE COMPOSITE INDX RUBICON MINERALS CORPORATION SILVERCORP METALS, Inc. Standard & Poors 500 VALERO ENERGY CORPORATION VERIZON COMMUNICATIONS WESTERN REFINING, Inc.
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