S&P 500 climbs to record closing high; IBM weighs on the Dow

(Recasts with record closing high for S&P 500, adds market details, VIX milestone, volume data) By Shreyashi Sanyal, Devik Jain and Sinéad Carew (Reuters) – The S&P 500 boasted a record closing high and its seventh straight session of gains on Thursday while the Nasdaq was boosted by such high-profile stocks as Tesla Inc and Microsoft Corp but a tumble in IBM shares weighed on the Dow. After hitting an intraday record the previous day the Dow was in the red for most of Thursday’s session as IBM fell 9.6% after missing Wall Street estimates for quarterly revenue as orders