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8B – Daily News – Tuesday, September 21, 2010 NEW YORK (AP) — Stocks rose to their highest level in four months Mon- day as hopes grew for more action by the Federal Reserve to prop up the econ- omy. The gains extended the market’s rally into a fourth consecutive week. Buying accelerated after the Standard & Poor’s 500 index, the market measure most often used by profes- sional traders, broke through the high end of its recent range. Technical analysts 8049 Hwy 99E, Los Molinos, CA Stocks extend Sept. rally; S&P breaks out of range Wall Street see that as a bullish sign. The Dow Jones industri- al average jumped 146 points to its highest close since May 13. An announcement from a group of economists declaring that the recession ended in June 2009 was a mild positive, but that assessment was in line with what many ana- lysts already believed. Deal news also helped lift shares. IBM Corp. said it would buy data storage provider Netezza Corp. for about $1.7 billion in cash. Investors see acquisitions as a sign companies are more comfortable spending cash to expand, and suggests that other stocks may also become targets for buyers. The Fed meets Tuesday to discuss interest rates, and investors are hoping for a sign that the central bank might make more moves to keep rates low. There is a 384-1563 WE ACCEPT FOOD “Your Family Supermarket” We appreciate your business - and we show it! HOURS: 7AM - 9 PM DAILY BLACK CANYON ANGUS BEEF WE FEATURE SPECIALLY CUT MEATS AT NO EXTRA CHARGE Prices good September 22-28, 2010 Boneless Pork Sirloin Roasts $ Ground Beef 80/20 Fresh Lean $229 Lb. Pear Fest D’anjou or Bosc Red or Comice Meat Sale Oct 8th 8am-5pm $129 2 for 79¢ Fresh Express $400 Lb. Lb. 2 for Western Family 22.96 - 25.08 oz. Bonnert’s Fruit Pies 24-26 oz. $399 3 for $1100 each Ice Cream 56 oz. $800 Corn or Green Beans 11-15.25 oz Nulaid Jumbo Eggs 69¢ $ Dozen 8oz. 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If the Fed starts buying bonds again it could drive interest rates lower, enabling companies and consumers to get cheaper loans. The Fed had a similar bond-buy- ing program in place earlier this year. The Dow Jones industri- al average rose 145.77 points, or 1.4 percent, to close at 10,753.62. The Dow has now risen in 12 of the last 14 days. The Standard & Poor’s 500 index rose 17.12, or 1.5 percent, to 1,142.71. The Nasdaq composite rose 40.22, or 1.7 percent, to 2,355.83. The S&P 500 climbed solidly above the key techni- cal level of 1,131, the high end of its recent trading range. The S&P briefly crossed that barrier on Fri- day for the first time since June 21, but not for long enough to convince analysts that the market had enough momentum to surge higher. Many automatic buy and sell orders are set around market milestones such as these, and investors watch those levels closely for clues about which way the market may go next. 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