Nasdaq hits record high; Dow remains under pressure

The Nasdaq touched a record on Wednesday, lifted by a climb in large-cap tech and consumer discretionary names, while the Dow and S&P 500 were hemmed in as concerns over an escalation in the U.S.-China trade spat simmered.

The Dow Jones Industrial Average fell 15.7 points, or 0.06 percent, to 24,684.51, the S&P 500 gained 8.69 points, or 0.31 percent, to 2,771.28 and the Nasdaq Composite added 74.08 points, or 0.96 percent, to 7,799.67.

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