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PORTLAND, Ore. (AP) — Two math majors at Reed College lost control of a massive snowball that rolled into a dorm, knock- ing in part of a bedroom wall. There were no injuries, but college spokesman Kevin Myers said Friday it will cost $2,000 to $3,000 to repair the building. The incident happened last Saturday night follow- ing a rare trio of snow- storms in Portland. Students started building the giant snowball on a campus quad near the dorm. Urged by a crowd, the math majors tried to make the snowball as big as possible by rolling it down the side- walk that goes past the dorm. ''And the ball just got away from them,'' Myers said. After escaping their con- trol, the boulder-sized snowball rolled about 15 yards before slamming into Unit (hash)7. Three stu- dents heard the smack and discovered the fractured bedroom wall. The student whose dorm was damaged has not had to move. Nobody weighed the snowball, but a mainte- nance worker who sliced it up for removal estimated it to weigh 800 pounds or more, Myers said. The students responsi- ble for the runaway snow- ball reported the incident and won't be disciplined. Myers said they didn't intend to cause damage and feel awful about what hap- pened. 10A Daily News – Saturday, February 15, 2014 235 So. Main St., Red Bluff 527-1657 Furniture Depot MON.-FRI. 9:00-6:00 SAT. 9:00-5:00 • SUN. 11:00-5:00 HAD A SMASHING WEEK? 530.527.2649 We understand you have a choice and thank you for choosing us as Tehama County's BEST Body Shop since 1950 705 Mill Street (Next To Walmart) Red Bluff, CA 96080 WE WILL STRAIGHTEN IT OUT. Surf & Turf Crab & Tri-Tip AUCTION Dinner Saturday March 1 st Doors open at 6 Sunrise Rotary's Veteran's Hall • Red Bluff, CA Tickets: $35 per person Email Cheryl for more information cnatah@hotmail.com Like us on FaceBook! 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The Standard & Poor's 500 has wiped out almost all of its loss for the year after a big slump in Janu- ary, and is now just 10 points below its record close of 1,848 reached Jan. 15. Stocks slumped last month because of concerns about the out- look for growth in China and other emerging mar- kets and worries about the health of the U.S. econo- my. ''For all practical pur- poses, we're back,'' said Jonathan Golub, Chief U.S. Market Strategist at RBC Capital Markets. ''We've effectively recov- ered this pullback.'' The S&P 500 rose 8.80 points, or 0.5 percent, to 1,838.63. For the week, the index rose 2.3 percent. The Dow Jones indus- trial average rose 126.80 points, or 0.8 percent, to 16,154.39. The Nasdaq composite rose 3.35 points, or 0.1 percent, to 4,244.03, its highest close since July 2000. The stock market got a lift on Tuesday when Janet Yellen, the new head of the Federal Reserve, said she would continue the central bank's low-interest rate policies and as Congress moved toward raising the U.S. borrowing limit without the political drama of last year. The stock market start- ed lower Friday following news that U.S. factory output fell sharply in Jan- uary. Manufacturers made fewer cars and trucks, appliances, furniture and carpeting, as the recent cold spell ended five straight months of increased production. The Federal Reserve said factory production plunged 0.8 percent in January, following gains of 0.3 percent in both December and November. Investors are hopeful that much of the weak- ness seen in recent eco- nomic reports is due in large part to the unusually cold winter weather this year, said Kristina Hoop- er, US investment strate- gist at Allianz Global Investors. ''Investors are choos- ing to look at very mixed data through a positive lens,'' Hooper said. By late morning, stocks had edged higher. They kept on rising throughout the day. Among the big gainers, Campbell Soup rose $2.04, or 5 percent, to $43.01 after the company reported that its second- quarter profit and revenue came in above Wall Street's expectations. Campbell Soup also stood by its 2014 forecasts for sales and earnings growth. Cliffs Natural Resources climbed $1.26, or 5.8 percent, to $23.16 after its own earnings beat analysts' forecasts. About 80 percent of the companies in the S&P 500 have now reported earnings for the fourth quarter, according to S&P Capital IQ. Earnings are forecast to rise 7.8 percent compared with the same period a year ago and 5.6 percent in the third quar- ter of 2013. Among the day's losers were clothing retailer Men's Wearhouse and Weight Watchers Interna- tional. Men's Wearhouse dropped $2.46, or 5.3 per- cent, to $44.07, after Jos. A. Bank Clothiers, which Men's Wearhouse had been pursuing, announced a deal of its own. Jos. A. Bank said that it was buy- ing the parent company of Eddie Bauer. Weight Watchers plunged $8.48, or 27.7 percent, to $22.10 after reporting a big drop in earnings that was worse than analysts' had been forecasting. The company also issued a weak earn- ings forecast, saying 2014 would be a ''very chal- lenging year.'' In government bond trading, the yield on the 10-year Treasury note rose to 2.75 percent from 2.73 percent Thursday. Among other stocks making big moves, J.M. Smucker, the maker of fruit spreads, peanut but- ter and syrups, dropped $3.33, or 3.5 percent, to $91.81 after it reported earnings that fell short of analysts' expectations and lowered its guidance for the year, citing more com- petitive pricing and unfa- vorable currency move- ments. U.S. financial markets will be closed Monday for Presidents' Day. Wall Street Big, runaway snowball slams into college dorm