NEW YORK (Reuters) - The S&P 500 closed at a record high on Thursday as investors regained confidence in the market following a last-minute deal to avoid a U.S. default, but weak earnings from IBM and Goldman Sachs pulled the Dow industrials slightly lower.
The Dow Jones industrial average was down 3.98 points, or 0.03 percent, at 15,369.85. The Standard & Poor's 500 Index was up 11.36 points, or 0.66 percent, at 1,732.90. The Nasdaq Composite Index was up 23.72 points, or 0.62 percent, at 3,863.15.
The S&P's close eclipsed the previous record of 1,725.52, reached on September 18.
(Reporting by Ryan Vlastelica; Editing by Kenneth Barry)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app