NEW YORK, May 25 (Reuters) - The S&P 500 and Nasdaq hit record closing highs on Thursday, with the market propped up by gains in the consumer discretionary sector after strong reports from Best Buy and other retailers.

The Dow Jones Industrial Average rose 69.37 points, or 0.33 percent, to 21,081.79, the S&P 500 gained 10.63 points, or 0.44 percent, to 2,415.02 and the Nasdaq Composite added 42.23 points, or 0.69 percent, to 6,205.26. (Reporting by Caroline Valetkevitch; Editing by Nick Zieminski)