US STOCKS-Wall Street holds near record highs in light volume

miércoles 27 de agosto de 2014 14:14 GYT

* S&P 500 coming off first close above 2,000

* Tiffany rises after results, Chico's lower

* Dow, S&P and Nasdaq all move less than 0.1 pct (Updates to mid-afternoon, changes byline)

By Chuck Mikolajczak

NEW YORK, Aug 27 (Reuters) - U.S. stocks were little changed on Wednesday, holding near record highs on a day of light volume, though a number of retail stocks traded heavily after reporting results.

Both Tiffany & Co and apparel retailer Express Inc rose after posting quarterly revenue that topped expectations and raising their full-year profit views.

Shares of Tiffany rose 1.1 percent to $101.89 while Express jumped 13.6 percent to $16.57 on volume that easily eclipsed its 50-day average.

Best Buy Co Inc was the S&P 500's biggest percentage gainer, up 5.5 percent at $31.44. The electronics retailer rebounded from a drop of 6.8 percent on Tuesday after it forecast a drop in full-year sales.

The S&P retail index edged up 0.1 percent. After a sluggish start to the year, the index is up 8.4 percent for August, on pace for its best month since October 2011.   Continuación...