The S&P 500 declined 0.3% after surpassing 5500 intraday for the first time. The Nasdaq dropped 0.8%, snapping a seven-session streak of record closes. The Dow climbed 0.8%.

The S&P 500 declined 0.3% after surpassing 5500 intraday for the first time. The Nasdaq dropped 0.8%, snapping a seven-session streak of record closes. The Dow climbed 0.8%.