You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.


Investors betting stimulus isn’t over

Continue reading below

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.

Loading comments...

Wake up with today's top stories.

Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of