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8A – Daily News – Tuesday, May 18, 2010 NEW YORK (AP) — Stocks ended an erratic session little changed Monday after investors spent the day tracking the euro’s moves against the dollar. A drop and subse- quent rebound in the euro steered the Dow Jones industrial average from a loss of 184 points at midday to a gain of almost 6 by the close. But three stocks fell for every two that rose on the New York Stock Exchange. Investors are looking at the euro as an indica- tor of confidence levels Dow recovers from 184-point drop to edge higher Wall Street in the European economies. The 16- nation currency has been sliding on concerns that debt problems will undermine Europe’s recovery, and in turn that of the U.S. Stocks and other assets seen as risky have been hit hard at times in recent weeks because traders have so many unanswered questions about how Europe will pull itself from its finan- cial mess without hurt- ing its recovery. Because economies around the world are dependent on one another, the broader concern is that Europe’s problems will halt a rebound elsewhere. The euro fell to a four-year low of $1.2237 against the dollar before moving higher. The ICE Futures US dollar index, which measures the dol- lar against a basket of six currencies, rose 0.1 percent. Oil traded below $70 a barrel for the first time since February but fin- ished above that psycho- logical benchmark. Oil is priced in dollars so a China Buffet CHINESE RESTAURANT Open 7 Days A Week Sunday Buffet Special $ 9.99 Expires 5-30-10 COUPON Community Calendar China Buffet Happy Hours Mon. & Tues. Lunch $ All Day $6.99 Wed - Thurs - Fri - Sat 6.99 Dinner $ 8.99 343 S. Main St. Red Bluff 530-529-5888 (No Checks) DIABETES EDUCATION Coyne Center, Call to Register 529.8031 May 18th, 12:30-5 PM www.i-5tirefactory.com GRIEF SUPPORT GROUP Every Thursday, 3-5 PM, Coyne Center, Call 528.4207 St. Elizabeth Community Hospital A member of CHW www.redbluff.mercy.org/sports redbluff.mercy.org 530 Get a $70 Prepaid MasterCard® when you buy any set of four new MICHELIN® redemption form. Offer valid April 29 through May 31, 2010. passenger or light truck tires and submit your brand stronger dollar discour- ages investors from buy- ing oil. Crude fell $1.45 to $70.16 per barrel on the New York Mercan- tile Exchange. According to prelimi- nary calculations, the Dow rose 5.67, or 0.1 percent, to 10,625.83. The Standard & Poor’s 500 index rose 1.26, or 0.1 percent, to 1,136.94, while the Nasdaq com- posite index fell 7.38, or 0.3 percent, to 2,354.23. NYSE volume came to 1.4 billion shares, compared with 1.5 bil- lion Friday. Stocks remained Ownership Under New Holiday Buffet Special $ Expires 5-30-10 COUPON 11.99 8202 Hwy 99E, Los Molinos (530) 384-1700 FOXTAIL SEASON volatile last week as investors first cheered the European bailout program before becom- ing uneasy about how it would affect the conti- nent’s economy. The Dow fell 114 points on Thursday and 163 points Friday after the euro slid. Bond prices fell after steep gains last week. The yield on the bench- mark 10-year Treasury note, which moves oppo- site its price, rose to 3.49 percent from 3.46 per- cent late Friday. Gold fell 50 cents to $1,227.30 an ounce. The Russell 2000 index of smaller compa- nies rose 1.73, or 0.3 percent, to 695.71. Britain’s FTSE 100 fell 0.1 percent, Ger- many’s DAX index gained 0.1 percent, and France’s CAC-40 fell 0.5 percent. Japan’s Nikkei stock average fell 2.2 percent. In China, the bench- mark index in Shanghai fell 5.1 percent to a one- year low on concern that the government will curb lending to slow the econ- omy. There also was concern about the prob- lems in Europe. VETERINARY HOSPITAL www.millcreekveterinaryhospital.com MARK WINNING D.V.M. INITIAL EXAM WITH THIS AD MAY 1ST - MAY 30, 2010 Mark Winning D.V.M. CANINE & FELINE 529-0797 1375 Montgomery Rd, Red Bluff