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8A – Daily News – Friday, September 3, 2010 NEW YORK (AP) — Stocks rose Thursday, extending their gains from the day before, after reports on housing, manufacturing and jobs all indicated that the economy continues to grow. The Dow Jones industri- al average rose 50 points, having jumped 254 on Wednesday thanks to strong reports on manufacturing in the U.S. and China. Broader indexes also rose. Trading was somewhat Stocks move higher following jobs, housing reports Wall Street muted ahead of the govern- ment’s closely watched monthly report on employ- ment due out Friday. ‘‘We’re treading water,’’ said Dan Genter, CEO of RNC Genter Capital. Traders are waiting to see if Friday’s jobs data ‘‘provides more of a rescue or a shark attack.’’ The monthly report is likely to provide further evi- dence that the jobs market remains weak. Economists polled by Thomson Reuters predict the unemployment rate inched up to 9.6 percent last month from 9.5 percent in July as private employers hired just 41,000 workers last month. With little broad convic- tion about the health of the economy, investors chose to target specific stocks fol- lowing monthly retail sales reports and the latest acqui- sition activity. ‘‘It’s a trader’s market,’’ said Kenneth Polcari, man- aging director at ICAP Equities. Burger King Holdings Inc. and data storage provider 3Par Inc. both rose after agreeing to be acquired. Limited Brands Inc., which operates Victo- ria’s Secret and Bath & Body Works, got a lift from strong August sales. The Dow Jones industri- al average rose 50.63, or 0.5 percent, to close at 10,320.10. Broader indexes also rose. The Standard & Poor’s 500 index rose 9.81, or 0.9 percent, to 1,090.10, while the Nasdaq composite index rose 23.17, or 1.1 percent, to 2,200.01. The Labor Department said first-time claims for unemployment benefits fell slightly last week, but remain well above levels that indicate a healthy econ- Mark's Fitness -Private Personal Training -Public Fitness Classes (Spin & other classes TBD) NOW OPEN WANTED: Fitness Instructors Call: (530) 941-2832 821 Walnut St. omy. Claims dipped for the second straight week. They fell slightly below the level economists had forecast, which was somewhat encouraging ahead of Fri- day’s monthly employment report. The number of buyers who signed contracts to pur- chase homes rose 5.2 per- cent in July after hitting a record low in June, accord- ing to the National Associa- tion of Realtors. Sales plummeted in the months following the expiration of the government’s home buyer tax credit in April and economists were expecting that trend to continue for a third straight month. Factory orders also climbed, rising 0.1 percent in July. The rise in orders backs up a report Wednes- day showing the manufac- turing sector continues to expand. Major indexes jumped more than 2 percent Wednesday after a surpris- Barber Shop $ Cheers 600 Open 6 days 570-2304 259 S. Main St. Tractor Supply Center Senior Cuts ing rise in manufacturing activity. About two stocks rose for every one that fell on the New York Stock Exchange, where consolidated volume was very low at 3.8 billion shares. Bond prices dipped after the economic reports. The yield on the 10-year Trea- sury note, which moves opposite its price, rose to 2.63 percent from 2.58 per- cent late Wednesday. That yield helps set interest rates on mortgages and other consumer loans. Limited shares jumped $1.46, or 6.0 percent, to $25.73. Shares of 3Par rose 79 cents, or 2.5 percent, to $32.87 after Hewlett- Packard Co. won a bid- ding war for the data stor- age provider. Hewlett- Packard raised its bid to $33 per share after com- petitor Dell Inc. offered $32 per share. ●●●●●●●●●●●●●●●●●●● also Toddler program Recently expanded and moved near Bidwell Elementary License # 525405817 (530) My qualifications include: B.A. in Elementary Education and experience teaching grades K-8. Accepting state pay programs & cash pay, etc. 209-8743