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8A Daily News – Saturday, September 7, 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 Furniture Depot is giving away ALL FREE FURNITURE! MONTH With any purchase of $1,000 or more, you'll receive a FREE $250 GIFT CERTIFICATE Good toward future purchase. Stocks flat as traders weigh weak jobs data, Syria NEW YORK (AP) — After a volatile day, stocks ended Friday mostly unchanged, as traders weighed a weak jobs report for August and the ongoing tensions between the U.S. and Syria. While stock indexes ended close to where they began, they had rough ride during the day. Stocks $ 292,91637 in Discount Coupons were published last week in the DAILY NEWS RED BLUFF TEHAMA COUNTY … And that does not Count all the ads offering percentage discounts, two-for-ones and Free-with-Purchase offers! Don't miss a Day of it! Subscribe Today 527-2151 It pays for itself. *approx. value Wall Street opened slightly higher but soon fell after Russian media reported that naval ships were en route to Syria, stoking fears of a wider conflict and sending the Dow Jones industrial average down as much 148 points in the first half-hour of trading. By the end of the day, the Dow had risen as high as 15,009 and dropped as low as 14,789 — a big 220 point range. ''Clearly, (Russia) made the market nervous,'' said Dean Junkans, chief investment officer for Wells Fargo Private Bank, which has $170 billion in assets under management The Standard & Poor's 500 index rose less than a point, or 0.01 percent, to close at 1,655.17. The Dow ended down 14.98 points, or 0.1 percent, at 14,922.50. The Nasdaq composite rose 1.23 points, or 0.03 percent, to 3,660.01. Traders were rattled by conflicting forces. A mediocre August jobs report suggested that U.S. economic growth was slowing, but provided a reason for the Fed to keep up its stimulus program. The geopolitical risks of Syria added to the uncertainty Friday. One clear trend emerged: investors moved money into safer assets. The yield on the 10-year Treasury note fell to 2.94 percent from 3 percent the day before. Relatively safe, dividend-paying stocks such as utilities were among the best performers in the S&P 500 and gold rose more than 1 percent. Wall Street was unnerved by signs that the confrontation between the U.S. and Syria over Syria's alleged use of chemical weapons on civilians was getting worse. Three Russian naval ships sailed toward Syria on Friday and a fourth was on its way, the Interfax news agency reported, a sign that Russia may assist Syria in case the U.S. does strike. However, Russia President Vladimir Putin's chief of staff said The Salvation Army Hosted by Red Bluff Elks Lodge Salvation Army "Kids to Camp" Charity Golf Tournament Shotgun start at 10am $100 per person / $400 per team includes golf cart & buffet Friday, October 4, 2013 Sevillano Links Golf Course Limit 36 foursomes, 1st come, 1st served....Rain or Shine! $10,000.00 Hole-In-One Shot/Plus More... Donations Welcome For information call Fran Fazio, tournament director at 527-8530 Advertising published through an event co-sponsorship agreement with the Daily News the ships were intended to help evacuate Russian citizens if military strikes became necessary. ''These are troubling developments,'' said David Chalupnik, head of equities for Nuveen Asset Management. ''Syria is turning into something bigger that what it started out to be.'' The price of oil surged to its highest level in more than two years on a combination of escalating tension in the Middle East and hope for continued stimulus from the U.S. Federal Reserve. Benchmark oil for October delivery rose $2.16, or 2 percent, to close at $110.53 a barrel in New York. That was the highest closing price since May 3, 2011. Even after a bumpy Friday, the S&P 500 index had its best week in two months. The S&P 500 rose 1.4 percent for the week. U.S. employers added 169,000 jobs in August, fewer than the 177,000 economists had forecast. The number of job additions in July was estimated by the government at 104,000, down from an earlier 162,000. ''This was a horrible set of jobs figures, starting with large revision to last month's number,'' Tom di Galoma, head of fixedincome rates sales at ED&F Man Capital, wrote in an email to clients. Friday's jobs survey was the last major piece of economic data the Fed will have to consider before its September 17-18 policy meeting, when it will decide the fate of its large bond-buying program. The Fed has been buying $85 billion in Treasurys and other bonds each month to keep interest rates at historic lows and to encourage spending and borrowing. It was widely believed that the Fed would start phasing out its purchases this month.