Dow, S&P close at records; U.S. yields, dollar at multi-year highs

By Sam Forgione NEW YORK (Reuters) - The Dow Jones industrial average and S&P 500 ended at record highs for a third straight day on Wednesday, while U.S. two-year Treasury yields and the dollar hit multi-year peaks after upbeat U.S. economic data reinforced expectations for interest rate hikes. Gains in industrial stocks helped the U.S. indexes, with the S&P 500 industrial sector ending up 0.8 percent. The S&P's gains were meagre, while the Nasdaq slipped after a drop in tech heavywe