Posted: Tuesday, October 22nd 2013 at 4:26pm
Stocks continue to move up
By The Associated Press
The prospect of more economic stimulus from the Federal Reserve is pushing the Standard & Poor's 500 index to a fourth consecutive record close.
Whirlpool, Delta Air Lines and Kimberly-Clark rose sharply after reporting higher quarterly earnings.
The S&P 500 rose 10 points, or 0.6 percent, to 1,754 Tuesday.
The Dow Jones industrial average rose 75 points, or 0.5 percent, to 15,467. The Nasdaq composite was up nine points, or 0.4 percent, at 3,929.
In government bond trading, the yield on the 10-year Treasury note fell to 2.52 percent from 2.60 percent late Monday.
Link: NY comptroller: Wall St. profits may slow
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