NEW YORK (AP) -- Stocks are ending higher following signs that Washington was moving closer to an agreement to avoid a debt default and re-open the federal government.
The stock market started lower Monday after negotiations between the White House and Congressional Republicans appeared to break down over the weekend.
Stocks erased those losses in early afternoon trading after Senate leaders said they were making progress toward a deal.
The Dow Jones industrial average rose 64 points, or 0.4 percent, to close at 15,301.
The index was down as much as 100 points earlier.
The Standard & Poor’s 500 rose seven points, or 0.4 percent, to 1,710. The Nasdaq composite rose 23 points, or 0.6 percent, to 3,815.
Bond trading was closed for Columbus Day.
Trading volume was very light at 2.6 billion shares.
Man with muscular dystrophy finishes marathon
CHICAGO (AP) -- A man with muscular dystrophy was the last runner to cross the finish line of the Chicago Marathon -- nearly 17 hours after he started the race.
Thirty-eight-year-old Maickel Melamed of Venezuela made it across the finish line of the 26.2-mile race at 1:30 a.m. Monday. About 100 people cheered him on as he finished.
The resident of Caracas says his message to people is: "If you dream it, make it happen."
Melamed started running marathons two years ago and has competed in marathons in Berlin and New York City.
His time for the Chicago Marathon was 16 hours and 46 minutes.
The winner was Kenyan Dennis Kimetto, who finished the course in 2 hours, 3 minutes, 45 seconds.