A stronger US currency weighed on prices even after the Fed chairman said inflation levels are too low.
Prices continue to set record highs as the dollar weakens in anticipation of further monetary easing.
Prices rallied past $1,370 as the US dollar weakened.
Prices slipped as investors waited for news of more monetary easing from the Federal Reserve.
Earnings reports from General Electric and JP Morgan will have an important impact on exchange-traded funds that track the industrial and financial sectors.
The Dow nearly hits 11,000 but ends off 19 points. Investors cheer Alcoa results. Retailers see decent September sales. Analysts see the U.S. jobless rate rising to 9.7%.
After hitting a new high early in the day, prices pull back as investors lock in profits ahead of Friday's employment data.
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