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8A Daily News – Saturday, March 9, 2013 Furniture Depot SALE 235 So. Main St., Red Bluff 527-1657 MON.-FRI. 9:00-6:00 SAT. 9:00-5:00 • SUN. 11:00-5:00 *"no sales tax" in reference to discount given equal to the amount of calculated sales tax. throughout the store Stocks gain for sixth day on strong jobs growth NEW YORK (AP) — A burst of hiring in February pushed stocks higher on Wall Street. The Dow Jones indus- Wall Street trial average gained 67.58 points, or 0.5 percent, to 14,397.07. The index surpassed its previous record close Tuesday and logged a sixth straight increase Friday. The Standard & Poor's 500 index rose 6.92 points, or 0.5 percent, to 1,551.18. The Nasdaq composite advanced 12.28 points, or 0.4 percent, to 3,244.37. U.S. employers added 236,000 jobs last month and the unemployment rate fell to 7.7 percent from 7.9 percent in January, the Labor Department reported. That's far better than the 156,000 job gains and unemployment rate of 7.8 percent that economists surveyed by FactSet expected. The strong job growth shows that employers are confident about the econo- my despite higher taxes and government spending cuts. Optimism that hiring is picking up has been one of the factors bolstering the stock market this year. Stocks have also gained on evidence that the housing market is recovering and company earnings continue to growing. Stocks have also been boosted by continuing economic stimulus from the Federal Reserve. The U.S. central bank began buying bonds in January 2009 and is still purchasing $85 billion each month in Treasury Sacred Heart School Invites you to KINDERGARTEN INFORMATION NIGHT Tuesday, March 12 6:00-7:00 pm Meet the kindergarten teacher, and tour the classroom and school! 2255 Monroe Street Red Bluff For further information call (530) 527-6727 or visit our website at www.sacredheartredbluffschool.org bonds and mortgagebacked securities. That has kept interest rates near historic lows, reducing borrowing costs and encouraging investors to move money out of conservative investments like bonds and into stocks. Investors have also been pondering what the Fed's next move will be. That question was in especially sharp focus Friday after the government reported the surge in hiring last month. Andres Garcia-Amaya at JPMorgan Asset Management said that the strong jobs report may heighten speculation that the Fed will end its stimulus sooner than investors had anticipated, which would be a negative for the stock market. ''If the economy maintains or increases the pace of job creation....that could change the Fed's stance,'' said Garcia-Amaya. ''That could mean that the Fed could take the 'punch bowl' away.'' The Dow has gained 9.9 percent this year and is trading at record levels, having broken its previous record of 14,164 on Tuesday. The Standard & Poor's 500 index is up 8.8 percent since the start of the year, and is less than 1 percent short of its all-time high close of 1,565 set Oct. 9, 2007. KWIK KUTS Family Hair Salon 20 % off ANY RETAIL PRODUCT with any chemical service of $50 or more The students and staff at Los Molinos High School would like to invite all interested Tehama County 8th grade students to the 2013 Parent Information Night Wednesday March 13th Meet teachers, students, and staff and learn what makes LMHS unique! Activities will be staggered beginning at 5:30 p.m. for incoming 8th graders and their families, and 6:00 for all other interested parents and students. The night will feature informational presentations and demonstrations until 8p.m. 200 Regular $ Haircut off Reg. $13.95 Not good with other offers Expires 3/31/13 With coupon 1064 South Main St., Red Bluff • 529-3540 Sierra Sound NEW & USED CD's 7900 Sherwood Blvd., Los Molinos Special Orders Avail. Car Stereo Sales - Service Installation We make house calls! (Turn east on Grant St. off of Hwy 99E) 226 So. Main St., Red Bluff Hope to see you there! (530) 384-7900 527-3735