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10A Daily News – Saturday, June 22, 2013 Furniture Depot 235 So. Main St., Red Bluff 527-1657 MON.-FRI. 9:00-6:00 SAT. 9:00-5:00 • SUN. 11:00-5:00 Make a $500 purchase and Furniture Depot WILL GIVE YOU Your Money at Furniture Depot Spend $1000 or more and you will RECEIVE AN EXTRA STORE CREDIT EVEN ON SALE PRICED ITEMS $100 $200 to use on your next purchase to use then or at a later date Stocks recover on Wall Street after a 2-day plunge NEW YORK (AP) — Traders decided that the stock market has suffered enough, at least for now. After a two-day plunge, Wall Street stocks ended the week with an advance on Friday, sug- gesting that Wall Street may be successfully weaned from the Federal Reserve's easy money after all. ''Saner heads are pre- The 2013 Senior Class and the Red Bluff Community Sober Grad Organization would like to recognize and say a big "THANK YOU" to the following businessess for their wonderful and invaluable donations to this year's festivities: AAA- NCNU Ables Construction Alexis LeClaire Photography American Legion Post #167 Antelope Valero Baskin Robbins Bell-Carter Olive Co. Ben's Truck Blackstone Enterprises (McDonalds) Blood Source Bob's Tire Center BPOE Red Bluff Lodge #1250 Bud's Jolly Cone California Kitchen Carbonell Chiropractic Casa Ramos Corning Fod Corvettes Unlimited Costco Crain Walnut Shelling CrossRoads Feed and Ranch Cumpton Trucking Daniel King M.D. Dave and Denise Gamboa Dave's Tractor Del Taco Denny's Dominoe's Pizza Donna Shirley's Accounts Dudley's Excavating Inc. Dutch Bros Elmore Pharmacy Final Touch Nail Salon Firehouse Pizza First Christian Church Fringe Gaumer's GEO Growney Motors, Inc. Gipson Realty, Inc. Godfather Bail Bond Gold Exchange GreenWaste of Tehama Gregg Cohen D.A. Guiton's Pools Gumm's Optical Shoppe Hawes Ranch and Supply Hula's J & A Food Service, Inc. J&L Towing and Automotive Jeremy Pike /Jiffy Lube John Wheeler Logging Kiwanis Club of Red Bluff Kwik Kuts Lassen Forrest Products Lassen Medical Group Lepage Company Inc. Les Schwab Tires Lilia's Beauty Lindauer River Ranch Lopeman Sound Louisiana-Pacific Corporation Luigi's Pizza Mabel Iverson Mary Bryan McGlynn and Clark Moore & Pascarella, a Dental Group Mountain Counties Supply Co. Mt. Lassen Motor Transit Mt. Shasta Ski Park Nu Way Market Oasis Fun Center Olive Pit P.E.T.S. Paul Moon DDS Plum Crazy Puckett Residential Services Quality Surfacing Rabobank Raley's Ramos Donut House Rayco Pest Contol RB Community Center Auxiliary RB Round-Up Assn. Red Bluff Bull and Gelding Sale Red Bluff Emblem Club #408 Red Bluff Rotary Club Red Bluff Vision Center Redding Oil Company Ridge Eye Care, Inc. Roach's Plumbing Robert Dunbar, DDS Rocky Ridge Hunting Club Rolland Papendick Attorney at Law Rolling Hills Casino Round Table Round-Up Realty Russell and Company Sierra Pacific Foundation Sonic St. Elizabeth's Community Hospital State Farm Insurance Sylvia Duran Taco Bell Tai's Deli TC Deputy Sheriff's Association Tedon Specialties Tehama Co. Peace Officers Assn. Tehama County Fairgrounds Tehama County Farm Bureau Tehama District Fair Grounds Tehama Family Fitness Tehama Firefighters Burn & Benevolent Fund Tehama Motor Parts Three Generations TIPS Tom and Dee Hamill Tremont Café Umpqua Bank Valley Vet Vigilant Canine Services International Vitality W.S. Hietman Drilling Walker's Printing WaterWorks Park Westside Florist Wilcox Golf Club Wink WPAC (Widowed Persons Assn) Wright Bros. Please patronize these local businesses to show your gratitude and to say "thank you". vailing,'' said Jim Dunigan, chief investment officer at PNC Wealth Management. ''People are looking a little deeper into the message from the Fed — the economy is getting better,'' he said. ''At the end of the day that's a positive.'' Investors had known that sooner or later the Fed would quit spending $85 billion per month pumping money into the U.S. economy. That money has been a big driver behind the stock market's bull run the last four years. It led to low interest rates that encouraged borrowing for everything from factory machinery to commercial airplanes to home renovations. Has the economy been great? No. Unemployment is still high and U.S. growth has been anemic. But it could have been worse. Investors were confident enough in a growing economy that the Standard & Poor's 500 index hit an all-time high of 1,669 on May 21. Then on Wednesday, the Fed said it would aim to turn off that spigot by the middle of next year as long as the economy is strong enough. Just because investors knew it was coming didn't mean they liked it. The Dow dropped 560 points on Wednesday and Thursday. Investors recovered their mojo on Friday. The Dow Jones industrial average rose 41.08 points, or 0.3 percent, to close at 14,799.40. The Standard & Poor's 500 index rose 4.24 points, or 0.3 percent to close at 1,592.43. The gains were led by Sierra Sound NEW & USED CD's Special Orders Avail. Car Stereo Sales - Service Installation We make house calls! 226 So. Main St., Red Bluff 527-3735 LOST Large Reward Family Heirloom Pancake Breakfast Saturday, June 29th 7am-10am $ 00 8 Applebee's Restaurant 220 Antelope Blvd the kinds of stocks that investors favor when they want to play it safe. Makers of consumer staples, utilities, and health care companies rose the most of the 10 industries in the S&P 500 index. The only two categories that fell were technology stocks and companies that make basic materials. Friday's gain wasn't enough to erase the market's loss for the week. The S&P 500 fell 2.1 percent for the week, and the Dow was down 1.8 percent. Stocks have now fallen two weeks in a row, and four of the past five. The real question will be whether the sell-off continues next week, said Frank Fantozzi, CEO of Planned Financial Services. So far, the market's swoon this week appears to be more of an adjustment than the beginning of a long-term rout. ''If the flow out of equities starts to increase, this might be the pullback we've been waiting for,'' he said. KWIK KUTS Family Hair Salon 20 % off Gold Cross approx 6" x 3" in vicinity of More 4 Less or Denny's 586-1984 ANY RETAIL PRODUCT with any chemical service of $50 or more 200 Regular $ Haircut off Reg. $13.95 Not good with other offers Expires 6/30/13 With coupon 1064 South Main St., Red Bluff • 529-3540