In addition to the S&P 500 and Dow hitting record closing highs Tuesday and intraday highs Wednesday, the Nasdaq turned positive for the first time in 2016 Tuesday. Major U.S. stock indexes eased back from record intraday highs on Wednesday as investors took a breather from recent rallies. The benchmark S&P 500 hit 2,156.45, topping Tuesday’s intraday record of 2,155.40, while the Dow hit 18,390.16 to top Tuesday’s record intraday peak of 18,371.95, the third straight day of such peaks for the S&P and the second for the Dow. U.S. 10-year yields hit a 1-1/2-week high of 1.531 per cent Tuesday. The S&P 500 was down 2.46 points, or 0.11 per cent, to 2,149.68.

Source: Mid-Day July 13, 2016 15:46 UTC