Red Bluff Daily News

September 15, 2010

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8B – Daily News – Wednesday, September 15, 2010 NEW YORK (AP) — A September rally faltered on the stock market Tuesday as worries returned about Europe’s economy. The Dow Jones industri- al average and the Standard & Poor’s 500 index both closed with slight losses, breaking a four-day win- ning streak. Stocks are still up strongly this September, a historically weak month for the market. Stocks had edged higher for much of the day follow- ing positive reports on U.S. retail sales and business inventories, but retreated in 90TH Stocks edge lower, breaking 4-day winning streak Wall Street the final 10 minutes of trad- ing as investors’ enthusiasm waned. Disappointing news from overseas hung over the market all day. European markets struggled to end barely higher after reports that German investor confi- dence fell sharply in Sep- tember and industrial pro- duction unexpectedly stag- nated during July in the countries that use the euro. Stocks in Tokyo also fell Tehama County Fair 2010 Back by popular demand! DAILY COVERAGE EDITIONS Publishing 5 Days Wednesday, Sept. 22 Thursday, Sept. 23 Friday, Sept. 24 Saturday, Sept. 25 & Monday, Sept. 27 Deadline: Monday, Sept. 20, noon 2 Buds Bean B-B-Q A & A Kirchem A&R Custom Butchering Aaron’s Chiropractic Alice M. Kruzner America’s Embroidery Mart Anderson Family Trust, Grace Anderson TTE Aquarium & Pets Baskin Robbins Beautiful Hair and Nails: Big 5 Sporting Goods Bill & Billie Cornelius Bill & Helen Ellison Burrito Bandito Butte Community Bank California Heat Chapter California Kitchen Carlitos Casa Ramos 5-Day Ad “Flight” Packages start at $150! (6 column inch minimum ad size) “…that’s equivalent to just $5.00 per published column inch!” ADD FULL COLOR Only 25% of space cost! Plus nominal charge for daily publication on Our online digital page-turn edition at www.redbluffdailynews.com Contact your advertising representative (530) 527-2151 to place your ad today! D NEWSAILY RED BLUFF TEHAMACOUNTY T H E V O I C E O F T E H A M A C O U N T Y S I N C E 1 8 8 5 Catholic Healthcare West Cheri Kimberlin Chevron (Adobe Rd) China Buffet Chrstine & Mike Growney City Hall Coldwell Banker Community Baptist Church Cornerstone Community Bank Countryside Café Cowgirl Café Cozy Diner Crafter’s Boutique Crossroads Feed Dan & Laurie Woolery Dana Halbrook Debbie Sundelius Dunns Durango RV Park Edna Earline McKee Egg Roll King Elmore’s Pharmacy End of the Trail Final Touch First Baptist Church First Christian Church First Church Of God First Love Tattoo First United Methodist Church Furniture Depot Garry Fish Renee Black Adrienne Blake Matilde Campos Nancy Collins Tonya French Gary Napier Gary Ramsey Gaumers Gayle Locke Gena Penne George Growney Growney Motors Gumm’s Optical Hair by Anneliese Peterson Hair Etc. Hair Goddess Hairlines Hals Eat-Em-Up Heartfelt Design House of Design Irrigation Rentals J & B Wakeman Janet Correa Jerry & Connie Holler Jiffy Lube Wed.-Sat. & Get Mon. FREE Buy after the yen touched anoth- er 15-year high against the dollar, which is bad news for Japanese exporters. In other signs that investors remain cautious, gold climbed to another record and Treasury prices rose, sending interest rates lower. The Dow fell 17.64, or 0.2 percent, to close at 10,526.49 and the S&P 500 lost 0.8 point, or 0.1 per- cent, to end at 1,121.10. The Nasdaq edged up 4.06, or 0.2 percent, at 2,289.77. Signs of modest growth have been enough to get traders to put more money into stocks in September and shake off malaise about the economy that dogged the market for most of August. However analysts cau- tion that the gains have come amid very light vol- ume, a sign that many investors aren’t participat- ing in the market and may still be skeptical about how well the economy is doing. 0.9 percent. Falling stocks slightly outpaced gaining ones on the New York Stock Exchange, where volume was 923 million shares. Bond prices rose, driving down interest rates. The yield on the 10-year Trea- sury note, which moves in the opposite direction as its price, fell to 2.68 percent from 2.75 percent late Mon- day. Its yield is used as a gauge to set interest rates on mortgages and other con- sumer loans. Gold hit a record earlier in the day, climbing as high as $1,276.50 an ounce, before settling at $1,271.70 an ounce. The losses Tuesday for the Dow and S&P 500 were only the second so far this month. The earlier loss on Sept. 7 was also triggered about renewed worries over Europe after news reports questioned the health of European banks. September is usually a weak month for stocks but this year has been an excep- tion. Even after Tuesday’s losses the Dow is still up 5.1 percent in September, but 6.1 percent below its 2010 high reached on April 26. For the year to date it’s up European stock indexes rebounded after initially falling on the German and European economic reports. Britain’s FTSE 100 rose less than 0.1 percent, while Germany’s DAX index gained 0.2 percent. France’s CAC-40 rose 0.2 percent. The Japanese yen hit another 15-year high against the dollar. The Back to School Project would like to express it’s deepest appreciation to the following businesses, individuals and churches for helping to fund 590 children for the Great Shopping Day this year. What an incredible expression of love for the children of our city. A special thank you to the team at the Department of Social Services and to Catholic Healthcare West for their continued support. Thank you. Modern Cleaners Moon, DDS Mr. Pickles Mt. Shasta Spring Water Nails by Robin Childers Nance Corp/Bob’s Tire Center Nancy & Gregg Frey Napa Auto Parts New Asian Garden New Hope Four Square Church New Life Church New Life Singles Group Norm’s Printing North State Ice Nueva Vida Church Palomino Room Papa Murphy’s Patricia Trotter PG&E Joanna Heiber Job Training Center John & Shirley Griffin Joseph Busey June Burk Kathryn Parker Kathy Heiber Kay Nuss Kiwanis Club of Red Bluff Knights of Columbus Kragen Krista Alonzo with Mary Kay Kwik Kuts La Corona Lariat Bowl Les Schwab Lilia’s Hair Los Amigos Market Los Mariachi’s Louis & Shirley Luigi’s Pizza M&M Ranch House Marjorie Duey Mary Hendrickson Mary-Alice George McCarthy & Rubright, LLP Attorneys at Law Merinna May-Wesley Michael & Hillary Michael Prinz & Cathy Wysocki Cassandra Garrison Lizz Gash Kelly Heise Belinda Hughes Pat Johnston Phillip & Helen Raglin Placer Title Platinum Mortgage Plum Crazy Premier West Prime Cinemas Red Bluff Pumpkinland Chocolate Factory Rainbow Bread Rebecca Taroli Red Bluff Art Gallery Red Bluff Auto Body & Collision Red Bluff Community Center Auxiliary Red Bluff Daily News Red Bluff Family Massage Center Red Bluff Fire Department Red Bluff Garden Center Red Bluff Police Department Reynolds Ranch/ The Loft Rick & Judy Spencer Riverside Bar & Grill Robert & Donna Harr Rolling Hills Casino Rosalie Colombo Rosser’s Bakery and Specialty Foods Sacred Heart Catholic Church Sacred Heart Women’s Guild Samuel & Nancy Lee Collins SERFF Shear-N-Dipity Shirley Davis Sam Johnston Rebecca Lopez Debbie Mangold Suzette Oropeza Anneliese Peterson Sierra Central Credit Union Sierra Sound St. Elizabeth’s Hospital St. Peters Episcopal Church Starbucks Adobe Road Starbucks Main Street State Theatre Sullivan Drilling Sunshine Cleaners Support Campaign Sweet Adelines International Tehama County Association of Realtors Tehama County Dept of Education Tehama Trader Tehama Co Dept of Social Services Tehama Family Fitness Center Tehama Firefighters Burn & Benevolent Terry Simmons The Copy Center The Cutting Edge The Gold Exchange The Good Book The Home Depot The Ramada Lodge The Refill Station The Sugar Shack The Thai House The Vagabond Inn Tobacco & More Tommy K’s Top Dog Top Nails Tremont Café & Cremery True Value Two Peas in a Pod Umpqua Bank Venita & Russel Philbrick Vesper Lodge Victoria Stickney Wal-Mart Foundation- Distribution We Shoot Ya Photography Weight Watchers Wells Fargo Comm. West Side Mini Storage Westside Flowers William & Bettie Jacobs Zion Christian Ministries Thank you to the following 19 hair stylists who gave 290 children free haircuts at Cut’s for Kids: Brandy Roberts Terry Simmons Misty Stone Lisa Townley Barbara Tuttle If we have missed anyone, inadvertently, please forgive us.

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