Stocks Close At All-Time High

NEW YORK (October 17, 2013)--The Standard & Poor's 500 stock index rose 11 points to close at 1,733 Thursday, beating its previous closing high of 1,725 reached Sept. 18, after Congress acted to end the shutdown and avert a government default at least temporarily.

The Dow Jones industrial average failed to match that success however, falling two points to close at 15,371, held back by declines in IBM, Goldman Sachs and UnitedHealth, which issued results that disappointed investors.

It remains 305 points below its own record close.

The Nasdaq composite rose 23 points to close at 3,863.

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