The stock market closed at an all-time high Thursday, a day after Washington reached a deal to avoid a U.S. default.
American Express and Verizon rose the most in the Dow Jones industrial average after reporting earnings that beat analysts’ estimates. However, losses in IBM, Goldman Sachs and UnitedHealth dragged the Dow lower for the day.
The Dow Jones industrial average lost 2.18 points, or 0.01 percent, to close at 15,371.65.
The Standard & Poor’s 500 index rose 11.61 points, or 0.7 percent, to 1,733.15.
The Nasdaq composite rose 23.71 points, or 0.6 percent, to 3,863.15.
For the week:
The Dow is up 134.54 points, or 0.9 percent.
The S&P 500 is up 29.95 points, or 1.8 percent.
The Nasdaq is up 71.28 points, or 1.9 percent.
For the year so far:
The Dow is up 2,267.51 points, or 17.3 percent.
The S&P 500 is up 306.96 points, or 21.5 percent.
The Nasdaq is up 843.64 points, or 27.9 percent.