Dow ends above 18,000 for first time on GDP report

NEW YORK (Reuters) - U.S. stocks rose on Tuesday, with the Dow closing above 18,000 for the first time and the S&P 500 ending at a record after an unexpectedly strong report on U.S. economic growth.

While the day's gains were broad, the Nasdaq ended in slightly negative territory, pressured by a drop in biotech stocks.

The Dow Jones industrial average <.DJI> rose 67.04 points, or 0.37 percent, to 18,026.48, the S&P 500 <.SPX> gained 3.66 points, or 0.18 percent, to 2,082.2 and the Nasdaq Composite <.IXIC> dropped 16.00 points, or 0.33 percent, to 4,765.42.

(Reporting by Ryan Vlastelica; Editing by Peter Galloway)