S&P 500 stock index reaches all-time high

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Associated Press

Posted on October 17, 2013 at 11:05 AM

Updated Thursday, Oct 17 at 3:04 PM

NEW YORK (AP) — The Standard & Poor's 500 stock index has touched an all-time high a day after Washington reached a deal to avoid a U.S. default.

The S&P 500 index rose as much as nine points to 1,730 in the late afternoon, trading above its previous high of 1,729 reached Sept. 19.

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