S&P 500 closes at record for fourth straight day

S&P 500 logs fourth straight record close as hiring slowdown is seen as keeping stimulus going

Associated Press
S&P 500 closes at record for fourth straight day
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Todd Ingrilli, center, works with fellow traders on the floor of the New York Stock Exchange Tuesday, Oct. 22, 2013. Stocks gained in early trading Tuesday as investors bet that the Federal Reserve would keep up its economic stimulus for longer after the government reported a slowdown in hiring last month. (AP Photo/Richard Drew)

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.

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