Investors put aside worries about a possible slowing of China’s economy and pushed the Dow nearly to its record high close of 14,164, reached on Oct. 9, 2007. Speculation that the Fed will continue stimulus measures — its vice chairman said the central bank should press on with $85 billion in monthly bond-buying — overshadowed concerns about China and US government spending cuts. China is taking steps to cool its overheated housing market. ‘The US [stock] market continues to digest the negative news and hang tough,’ said Ryan Detrick, at Schaeffer’s. The bull market in US equities is entering its fifth year this month.
Investors betting stimulus isn’t over
March 05, 2013
Read it all, now.
Don't miss any of your favorite stories again. Read the stories that matter to you as much as you want, whenever you want when you subscribe to BostonGlobe.com.
Get full access today for just 99¢