S&P 500 Up at Record High Following Deal

Speculation that Fed will maintain stimulus

U.S. stocks rose, sending the Standard & Poor's 500 Index to a record, as speculation grew that the Federal Reserve will maintain the pace of stimulus after Congress ended the budget standoff.

The S&P 500 rose 0.7 percent to 1,732.83 at 4 p.m. in New York, surpassing the previous record of 1,725.52 from Sept. 18.