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8B – Daily News – Wednesday, December 1, 2010 NEW YORK (AP) — Stocks ended November on a down note Tuesday, notching their first monthly losses since August. The Dow Jones industri- Stocks fall as euro concerns continue Wall Street on extending Bush-era tax cuts. Extending the cuts al average lost 46 points. It had been down as many as 110 points earlier in the day. The index pared most of its losses after President Barack Obama and Repub- lican lawmakers promised to seek a compromise before the end of the year would motivate investors to hold stocks since they wouldn’t be subject to high- er capital gains taxes next year. It would also encour- age companies to continue paying dividends, which are taxed at a more favor- able rate. The Dow ended Novem- ber with a loss of 1 percent. It had rallied through Sep- tember and October on hopes that a bond-buying program by the Federal Reserve would boost the economy. The Dow reached its highest point of the year on Nov. 5, two days after the Fed announced its $600 bil- lion economic stimulus plan. Stocks have fallen since then on worries about Europe’s debt troubles. Ire- land on Sunday became the second European country after Greece to require a bailout this year. The euro briefly fell below $1.30 for the first time since mid-September after investors sold off gov- ernment bonds from Spain, Portugal and Italy. The bailout of Ireland’s banks hasn’t been enough to assuage worries that other weak European countries will also need to be res- cued. John Briggs, a fixed income analyst at RBS, said the concerns about weak members of the euro zone are spreading faster than governments can react. “It’s becoming more of a system-wide issue and the currency decline continues to accelerate day after day,” he said. “Until we get some kind of systemic response, it’s likely to continue.” The Dow Jones industri- al average fell 46.47, or 0.4 percent, to close at 11,006.02. The Standard & Poor’s 22755 Antelope Blvd. Red Bluff, CA 96080 (530) 527-9166 LASSEN STEAK HOUSE Full Bar • 9 Beers On Tap Big Screen TVs • Pool Room ANGUS STEAK Call 530 839-2838 Corner of Hwy 99E & Vina BLACK 500 index fell 7.21 or 0.6 percent, to 1,180.55. The Nasdaq composite index dropped 26.99, or 1.1 per- cent, to 2,498.23. The S&P 500 fell 0.2 percent in November, the Nasdaq 0.4 percent. The dollar rose 0.6 per- cent against an index of six other heavily traded curren- cies. Bond prices rose, push- ing their yields lower. The yield on the 10-year Trea- sury note fell to 2.79 per- cent from 2.83 percent Monday. Coupon Happy Holidays our gift to you Open Mon. thru Sat. 10am – 6pm Put us on your Christmas List! Gift Certificates Available Stocking Stuffers Also Carrying Used Equipment & Trays Watch Battery Free Must have coupon Exp 12-24-10 Gold Exchange 530 528-8000 423 Walnut St. Red Bluff DECEMBER 3RD at RED BLUFF Rabobank #10 Gilmore Road/Ste #3 9am to 3pm STUFF THE BUS WITH TOYS KRCR Bring new toys to Rabobank so we can “Stuff the Bus” with toys. Then the Salvation Army in Redding will also give us Toys!! Call 527-8530 for more information Contributions may be sent to: The Salvation Army, P.O. Box 935, Red Bluff, CA. 96080 www.redbluffsalarmy.org NOW OPEN oh yeah