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Tuesday, December 28, 2010 – Daily News – 5A READER PHOTOS “Trinket” Submitted by Carol Enos “Chloe” Submitted by Kari Goree Left: “Puppy Love.” Right: “I'm only smellin' Mom!” NEW YORK (AP) — Stocks were little changed Monday as investors focused on strong holiday shopping results and looked past an interest rate hike in China. Many traders stayed home because of the snow, but the absence of selling points to grow- ing confidence about the U.S. economy. Data from MasterCard Advi- sors’ SpendingPulse survey estimates that U.S. retail sales between Nov. 5 and Dec. 24 rose 5.5 percent from last year. Wall Street is anticipating that Tues- day’s consumer confi- dence index for Decem- ber will reflect this opti- mism. Also expected on Tuesday is the widely- watched S&P/Case- Shiller house price Stocks flat as Wall St shrugs off China rate move Wall Street index for October, which may not capture the exuberance seen in other more recent eco- nomic indicators. The Dow Jones industrial average ended the day down 18.46 points, or 0.2 percent, to gibbsautobodydsl@chiconet.com 780 EAST AVE. (behind Food Maxx) Since 1950 530-527-2649 WE ACCEPT ALL INSURANCE COMPANIES Voted BEST in Tehama County ‘06, ‘07, ‘08, ‘09 & ‘10 We understand you have a choice, thank you for choosing us! Ashley Stever Financial Advisor 108 Main St., Suite B Next to Little Caesars Red Bluff, CA 96080 Bus. 530-527-9560 TF. 866-527-9560 Fax 877-898-1030 ashley.stever@edwardjones.com www.edwardjones.com 345 So. Main Street • Red Bluff • 527-4588 EVERYDAY 9:00am to 6:00pm OPEN Recliner Sale Starting at $29900 Furniture DEPOT Pet Food for Cats & Dogs COME TO US FOR ALL YOUR PET SUPPLIES! Healthy www.thefurnituredepot.net HOURS: MONDAY-FRIDAY 9:00-6:00 235 S Main St., Red Bluff 530 527-1657 SATURDAY 9:00-5:00 • SUNDAY 11:00-5:00 www.rollinghillscasino.com 11,555.03. The Standard and Poor’s 500 index gained 0.8, or less than 0.1 percent, to 1,257.54. The Nasdaq composite index rose 1.7 points, also less than 0.1 per- cent, to 2,667.27. Mon- day’s trading was partic- ularly light after a mas- sive blizzard swept the Northeast, disrupting commutes for many peo- ple in New York’s finan- cial industry. Activity was already expected to be slow in a week sand- wiched between the Christmas and New Year’s holidays. China’s move over the weekend was the second time in three months that the country took steps to slow the pace of its economic expansion. Inflation jumped to its highest levels in two years in November. Any slow- down in China affects companies worldwide and can drive a decline in many stock markets. Bank of America Corp. estimates that emerging markets like China account for 80 percent of the world’s economic growth. In the U.S., financial stocks were up. Ameri- can International Group Inc. shares rose 9 per- cent to $59.38 after the bailed-out insurer said it obtained $3 billion in credit facilities, marking TEHAMA ESTATES PROVIDES: Active Senior Citizens A Retirement Community for the ◆ Independent Living ◆ Private Apartments ◆ Three Nutritious Meals Daily ◆ 24 Hour Secure Environment ◆ House Keeping Services ◆ Warm & Friendly Staff ◆ Recreational Programs ◆ Scheduled Transportation ◆ Private & Formal Dining Rooms EQUAL HOUSING OPPORTUNITY 750 David Avenue, Red Bluff • 527-9193 another step on its road to recovery. Bank of America shares closed up nearly 2 percent to $13.27, while Citigroup Inc. was up 2 percent to $4.77. Consolidated volume of stocks traded on the New York Stock Exchange totaled 2 bil- lion. Gaining stocks out- paced losing stocks four to three. The yield on the 10- year Treasury note rose slightly to 3.34 percent. New 1010 Jefferson St., Red Bluff Patient 4900 Special $ for Consult and Xrays! Expires 12/31/2010 Moore & Pascarella 527-7800 Now in Stock!