Investors are calmed after Fed chief Ben Bernanke says stimulus programs will continue for the foreseeable future.
The stock market streaked to new highs Thursday as investors remained hopeful that the Federal Reserve's easy money policies will continue to drive the U.S. economy.
The Dow Jones industrial average and the Standard & Poor's 500 index, the two most widely followed market barometers, jumped a day after Fed chief Ben S. Bernanke gave the clearest sign yet that the central bank will maintain its stimulus programs.
Investors are calmed after Fed chief Ben Bernanke says stimulus programs will continue for the foreseeable future.
The stock market streaked to new highs Thursday as investors remained hopeful that the Federal Reserve's easy money policies will continue to drive the U.S. economy.
The Dow Jones industrial average and the Standard & Poor's 500 index, the two most widely followed market barometers, jumped a day after Fed chief Ben S. Bernanke gave the clearest sign yet that the central bank will maintain its stimulus programs.
http://www.latimes.com/business/la-fi-us-markets-20130712,0,6835170.story
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