The Nasdaq Composite rose as technology shares benefited from stronger-than-expected economic data, and Apple shot to a record on expectation of continued strong sales for its iPhone.

But rising bond yields put a damper on the broader market, leaving the Dow industrials and S&P 500 barely changed.

Positive economic news came from the Institute for Supply Management. Its services index rose to 60.7 from 59.7 in May. That's the highest level in more than a year. The Institute also found price pressures eased slightly.

And the Labor Department says the number of initial claims for jobless aid filed last week increased by 2,000