The S&P 500 and the Dow were lifted by gains in Nike on Friday, but chip stocks held down the Nasdaq.
The benchmark breached the mark for the first time, while the Nasdaq and the Dow hit records.
Wall Street indexes hit record intraday highs on Tuesday, lifted by technology stocks and health-care shares.
Upbeat earnings from big investment banks failed to fuel the optimism.
A cooling of the tax enthusiasm pressured financial and technology stocks Thursday.
The three major Wall Street indexes inched up to record highs on Friday.
Discount brokerage E*Trade joined rivals in slashing trade commissions amid intense competition.
Morgan Stanley's profit doubled in the fourth quarter as trading activity surged across Wall Street.
James was chief executive for over 40 years before Paul Reilly took over.