The Dow Jones industrial average notched up its fifth straight record high yesterday, but stocks were mixed as interest rates rose again amid budding inflation concerns.

The Dow erased an early 41point loss and rose 34.38 points to 8,584.83. The barometer of 30 blue-chip companies has now gained 215 points in five sessions.

The Nasdaq market finished slightly lower after bellwether technology issues gave back some of February's rally for the second session in a row.

But the Standard and Poor's 500 list wiped out Monday's small loss and set its fourth record in five sessions, while the New York Stock Exchange composite set its fifth straight record.

Interest rates rose sharply again in the bond market yesterday as traders bristled at a second straight day of data suggesting that the economic crisis in Asia may not slow US business enough to keep inflationary pressures in check.