Here's your summary from S&P 500 Logs New Record High Close | Closing Bell (https://www.youtube.com/watch?v=4iyIK-f-gYQ) on the Bloomberg Television channel:
### TLDR:
The S&P 500 closed at a new record high, with small caps outperforming and financial sector stocks seeing gains.

### Key Points:
1. Small cap stocks, particularly in the financial sector, outperformed larger cap stocks like the S&P 500.
2. Major indices like the Dow Jones Industrial Average and the Nasdaq composite also closed at record highs.
3. Consumer weakness and increased stress due to higher interest rates were highlighted, with car repossessions up 23% compared to last year.
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