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S&P 500 fails to hold 2,000 but still sets record



    NEW YORK (Reuters) - The S&P 500 was unable to hold the 2,000 mark after moving above the milestone level for the first time on Monday but still managed to close at a record high, buoyed by financials and biotechnology stocks.

    The Dow Jones industrial average rose 76.29 points or 0.45 percent, to 17,077.51, the S&P 500 gained 9.66 points or 0.49 percent, to 1,998.06 and the Nasdaq Composite added 18.80 points or 0.41 percent, to 4,557.35.

    (Reporting by Saqib Iqbal Ahmed; Editing by James Dalgleish)