US STOCKS-Wall St ends near flat; Dow hits record for 4th day

martes 10 de junio de 2014 17:08 GYT

* S&P 500 breaks string of record high closes

* Dow ends at record high for 4th session

* Achillion Pharmaceuticals soars in heavy volume

* Dow up 0.02 pct, S&P 500 down 0.02 pct, Nasdaq up 0.04 pct (Updates to close)

By Caroline Valetkevitch

NEW YORK, June 10 (Reuters) - U.S. stocks finished nearly flat on Tuesday, although the Dow eked out another record closing high as utilities' shares fell while 10-year bond yields hit their highest level in a month.

Six of the 10 primary S&P 500 sector indexes ended the session lower. The decline was led by a 0.3 percent drop in the S&P utilities index. Utility stocks' high dividends tend to lose some of their appeal when bond yields jump.

It was the Dow's fourth straight record closing high. The S&P 500, though, broke its four-day string of record high finishes.

The benchmark S&P 500 moved within less than a 7-point range, continuing its recent tight trading pattern.   Continuación...