Dow rises to highest close of the year as investors shrug off China worries

  • Article by: STEVE ROTHWELL , Associated Press
  • Updated: March 5, 2013 - 11:23 PM

NEW YORK - Investors brushed off early jitters about a potential slowdown in China and pushed the Dow to its highest close of the year.

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censormaxxMar. 4, 13 4:21 PM

No one looks at the business articles that the RedStar features -- we are at this manipulated top ... just high enough to suck in the retail investors so the big banks can make out like crazy again at their expense. Beware!

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theagonybhoMar. 4, 13 5:50 PM

Oh oh fiscal cliff stocks down, oh oh sequestration stocks up, there is no rhyme or reason to the stockmarket other than its headed for a crash. I guess printing 85 billion a month works. What happens when we stop?

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supervon2Mar. 4, 13 5:56 PM

Highest close of the year? I think not. The Dow dropped a bunch of low stocks off the board when the recession came and picked up higher priced stocks to make themselves look good. If you used the original Dow components the actual value would just be around 10,000. You can believe the politicians will use this to raise taxes, however. Bad move, Dow Jones.

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theruntMar. 4, 13 6:27 PM

China isn't just going to drop. It's going to crash. That 60 Minutes segment last night -- hundreds of acres of empty high-rises and apartment complexes. Vacant office towers. Fancy malls sitting empty. Billion-dollar ghost towns. Couldn't believe what I was seeing.

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cavellMar. 5, 13 7:29 AM

Well, it's not like china or Asia makes any stuff for us. We will just move along if the far east stumbles.

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cavellMar. 5, 13 8:57 AM

What would happen if u built an office tower/apartment in mpls and had zero tenants? How long would bank let it slide? Did the builder pay cash?

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horsefeatherMar. 5, 1312:35 PM

I just don't understand how this can be happening! All of us know that obama is the worst President ever and that his economic policies are just destroying America. So why is the U.S. Dow Jones Industrial Index breaking its all-time record and world stocks are going higher and higher? We TeaPublicans think there is some kind of conspiracy going on here and I sure hope FoxNews gets to the bottom of it! Somebody has got to be held responsible for trying to make that guy obama look good…when we all know he isn’t!

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