S&P 500 closes at record for fourth straight day
New York » 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.