NEW YORK (AP) — Wall Street finally got the deal it's been waiting for.
A last-minute agreement to keep the U.S. from defaulting on its debt and reopen the government sent the stock market soaring Wednesday, lifting the Standard & Poor's 500 index close to a record high.
The deal was reached just hours before a deadline to raise the nation's $16.7 trillion debt limit. Senate leaders agreed to extend government borrowing through Feb. 7 and to fund the government through Jan. 15.
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