First of all, you need to remove the quotes around your regex—if they're there, the argument won't be processed as a regex. JavaScript will see it as a string (because it is a string) and try to match it literally.
Now that that's taken care of, we can simplify your regex a bit:
arrayValues[index].replace(/[\s\S]*?<Section>/, "---");
[\s\S] gets around JavaScript's lack of an s flag (a handy option supported by most languages that enables . to match newlines). \s does match newlines (even without an s flag specified), so the character class [\s\S] tells the regex engine to match:
\s - a whitespace character, which could be a newline
OR
\S - a non-whitespace character
So you can think of [\s\S] as matching . (any character except a newline) or the literal \n (a newline). See Javascript regex multiline flag doesn't work for more.
? is used to make the initial [\s\S]* match non-greedy, so the regex engine will stop once it hits the first occurrence of <Section>.