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10A – Daily News – Friday, April 15, 2011 NEW YORK (AP) — Financial stocks fell broadly Thursday, left out of a late lift that pared earlier losses for most major stock index- es. Goldman Sachs dropped nearly 3 percent after Sen. Carl Levin, D- Mich., said that a panel he leads found new evi- dence that Goldman mis- led investors. JPMorgan Chase & Co. and Bank of America Corp. each fell more than 1 percent. Stocks edge higher but leave banks behind Wall Street The Standard and Poor’s 500 stock index added 0.11 point, or less than 0.1 percent, to close at 1,314.52. The Dow Jones industrial average rose 14.16, or 0.1 per- cent, to 12,285.15. The Nasdaq composite lost 1.30, or 0.1 percent, to 2,760.22. Until recently, most investors assumed banks had put their troubles behind them, said Todd Salamone, director of research at Schaeffer’s Investment Research. He pointed to JPMorgan Chase, the first large bank to release earnings. The bank reported first- quarter results Wednes- day that beat forecasts, but CEO Jamie Dimon warned that the company could still take more losses from mortgages. ‘‘That’s one of the bet- ter banks,’’ Salamone said, ‘‘so it makes you wonder what’s going to happen going forward.’’ Bank of America, the Week Storewide Sale FREE RODEO TICKET with clothing purchase* *while supplies last see store for details 530-529-6400 Crossroads Feed & Ranch Supply 595 Antelope Blvd. Red Bluff Shopcrossroads.net country’s biggest bank and one of largest mort- gage underwriters, reports earnings Friday morning. Stock indexes were lower for most of the day after claims for unem- ployment benefits rose unexpectedly for the first time in three weeks. The Labor Department said 412,000 people applied for unemployment bene- fits last week. Econo- mists expected claims to fall. Applications for bene- fits peaked at 659,000 during the recession and have dropped by roughly 6 percent in the past four months. Ford Motor Co. fell 1.1 percent. The car maker announced that it was expanding its recall of its F-150 pickup truck because of a problem with air bags. Ford’s F- Series truck is the best- selling vehicle in the U.S. Among companies reporting earnings, toy PUMPKINLAND Holiday Candy made by the Chocolatier. Chocolate Company Complete line of Sweets & Easter Basket Goodies (foil-wrapped eggs, bunnies, lollypops, etc.) Gift Trays & Boxed Assortments Milk Chocolates, Dark Chocolates, White Chocolates, Nut Brittles, Truffles, Sugar-free chocolates. you pick .99¢ 12000 Hwy. 99E (6 miles South of Red Bluff) Call for availability of lb /we pick $ 530 527-3026 Open daily 10am-6pm 1.49 lb Asparagus Closed Grocery chain Super- valu said quarterly profits and sales fell compared with a year ago. Analysts expected earnings to be worse. Supervalu rose nearly 17 percent. Data-storage company Iron Mountain rose 5 per- cent. Iron Mountain replaced its CEO after a shareholder, the hedge fund Elliott Manage- ment, called for a strate- gic review of the busi- ness. Rental car company Zipcar Inc. shot up nearly 56 percent on its first day of trading. maker Hasbro Inc. fell 3 percent after reporting that its first-quarter prof- its slumped 71 percent. The results fell short of analysts’ estimates. You are Cordially Invited to Red Bluff Garden Club’s “Elegant Affair” 50th Annual Standard Flower Show Tehama Co. 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