The S&P 500 closed at another record high, pushing
further above 1,600 as financial shares led the way after Bank of America's
settlement with MBIA.
The Dow Jones industrial average dipped 5.07 points, or 0.03
percent, to 14,968.89 at the close. But the Standard & Poor's 500 Index
inched up 3.08 points, or 0.19 percent, to finish at a record 1,617.50. The
Nasdaq Composite Index gained 14.34 points, or 0.42 percent, to close at 3,392.97.
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