Issue link: https://www.epageflip.net/i/228210
8A Daily News – Saturday, December 14, 2013 Red Bluff Garden Club's Scholarship Christmas Boutique 616 Cedar St,. Red Bluff (Old Holiday Market) FRESH WREATHS, ARRANGEMENTS and more Dec. 12, 13 & 14 9:00am-6:00pm For Custom Orders Call 527-4578 or 526-4578 $ 40,487 .83 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 Stocks mixed after 3-day slide Wall Street NEW YORK (AP) — The rally that has driven stocks to record highs paused this week as investors tried to figure out where things are headed next. Stocks were mixed on Friday and posted their second weekly loss in a row. Indexes reached record highs as recently as Monday, but then declined. How come? Investors may be nervous that stocks are overpriced, that stock prices have grown faster than justified by profits. They may be worried about conflict with Iran, or the debate over federal spending. Some are worried the Federal Reserve will decide next week to reduce its economic stimulus, which has boosted stock prices. ''It's a hiatus,'' said Frank Fantozzi, CEO of money management firm Planned Financial Services. ''I really think there's nothing economically wrong.'' Fantozzi noted that other bull markets have run for seven or eight years and peaked with higher prices compared to profits than what we're seeing now. The Dow Jones industri- al average rose 15.93 points, or 0.1 percent, to close at 15,755.36. The Standard & Poor's 500 index fell 0.18 points, or 0.01 percent, to 1,775.32. The Nasdaq composite rose 2.57 points, or 0.06 percent, to 4,000.98. All three indexes fell for the week despite strong reports on employment, housing, and retail spending. Investors have been worried that the stronger the Fed thinks the economy is, the more likely it is to stop buying $85 billion per month in bonds. The purchases have been aimed at keeping interest rates low, which makes it cheaper to borrow. That has sent investors into stocks as they seek higher returns. The big indexes are up 20 percent or more this year. The central bank's policymaking committee meets next week and will announce any decisions on Wednesday. Guessing when the stimulus will end has become a parlor game for investors. They are stuck between betting that it will end soon, meaning stocks could decline, versus betting that it will continue, bringing the bull market along with it. Scott L. Wren, a senior equity strategist at Wells Fargo Advisors, believes the Fed will telegraph its intentions well in advance. Since they haven't done that yet, it suggests they won't act until the spring, he said. He also thinks the Fed could reduce its stimulus very slowly, easing the pain for financial markets. Applications are due 1/1/14. Amazing Finds Need a Physician? For information and an application contact Harold Dodero 276-5141 NEW & USED FURNITURE & MUCH, MUCH MORE! Red Bluff Bulls American Legion Baseball is currently accepting applications for managers for the 2014 season for the 15u and 17u teams. 50% Red Tag Sale Antiques, Unique Fall Sale Two Locations - 30,000 square feet RED BLUFF 530-917-1138 REDDING 530-917-7797 22660 Antelope Blvd. amazingfindsredbluff.com 9am – 7pm Sun.-Fri. 3351 S. Market St. amazingfindshome.com 9am – 7pm Sun.-Fri. Doctors who listen ... Doctors who care. A FREE SERVICE PROVIDED FOR YOUR CONVENIENCE Call toll free 888.628.1948 www.redbluff.mercy.org Holiday Special NOV. 25 THRU JAN. 5TH, 2014 All makes and models. We perform dealer recommened Members Welcome 30K, 60K, 90K SERVICES AT LOWER PRICES Smog Check $ starting at + 25958 $ 25 certificate (MOST CARS & PICK-UPS) 527-9841 • 195 S. Main St. 2 Games Bowling or 1 Game Bowling & 1 Round Mini Golf $ 98 9 ea. before 6pm $ 1098 after 6pm Some restrictions apply & MINI GOLF 365 S. MAIN ST, RED BLUFF 527-2720 • www.lariatbowl.com The Gold Exchange 2nd Annual Christmas for A Cause Nov. 16th-Dec. 14th Visit www.ChristmasForACause TehamaCounty.com *For Details and *Wish list* BE A PART OF THE SOLUTION 423 Walnut St., Red Bluff 528-8000 Manton Historical Museum Fundraiser Spaghetti Feed Saturday, December 14th starting at 4:30pm Manton Grange - Forward Road ★ Raffles ★ All proceeds benefit the Manton Historical Museum Reflections 50% off All Gift Items with coupon expires 12/25 COUPON Gift Certificates Scarves, Jewelry, Hair Care Product & Gift Items Bonnie Burlison • Grace LeBaudour Candy Harman • Kathy Reed Kathy Hiebert • Chaunda Jensen Susan Williams 527-5557 • 848 Johnson Street, Red Bluff