The S&P 500 hit its highest level on record on Tuesday and was within 20 points of 7000.
The market benchmark rose 0.5% to 6988.72, which is a fresh intraday high. It’s also trading above its Jan. 12 closing high of 6977.27. The Nasdaq Composite rallied 1% to 23,838. It’s about 120 points away from its Oct. 29 closing high.
The Dow was down 307 points, or 0.6%. A selloff in UnitedHealth Group and other healthcare stocks dragged on the index.
