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10A Daily News – Friday, May 27, 2011 Signs of a sluggish eco- nomic recovery sent gov- ernment bond yields to their lowest level in a year Thurs- day. But strong earnings and a plea to push Microsoft’s CEO aside helped push stocks higher. Stocks edge up, shaking off weak economic news Wall Street Microsoft Corp. rose 2.6 percent after well-known hedge-fund manager David Einhorn called for the tech giant’s board to replace CEO Steve Ballmer. At a conference late Wednesday, Einhorn was quoted as say- ing Ballmer’s management was keeping the company’s stock down. Stocks reversed earlier losses and bond yields remained near their lowest level in a year after two reports suggested that the U.S. jobs market, and the overall economy, are recov- ering more slowly than economists anticipated. More people applied for unemployment benefits last week, the first increase in three weeks. The number of people seeking benefits rose by 10,000 to 424,000. Ana- lysts expected a drop of 9,000. Applications are above the 375,000 level that indicates sustainable job growth. Employers stepped up hiring this spring, but some economists worry that ris- ing applications suggest that the hiring is uneven. The government also reported that the U.S. econ- omy grew at a sluggish pace of 1.8 percent in the Janu- ary-March quarter. Econo- mists expected an upward revision to 2.2 percent. A surge in gasoline prices above $4 a gallon and sharp cutbacks in government spending overshadowed strong corporate earnings. Tiffany & Co. rose the most of any stock in the S&P 500 index. The stock gained 8 percent after the company said its income rose 25 percent on higher revenue across all regions. The results easily beat ana- lysts’ expectations. The jewelry maker also raised its forecast for the year above current Wall Street esti- mates. The Dow Jones industri- al average rose 17 points to 12,411 in late afternoon trading. Microsoft posted the Dow average’s largest gains. The Standard & Poor’s 500 rose 6, or 0.2 percent, to 1,327. The Nasdaq compos- ite rose 24, or 0.9 percent, to 2,785. The weaker than expect- RANDAL S. ELLOWAY DDS IMPLANTS DENTISTRY 2426 SO. MAIN ST., RED BLUFF 530-527-6777 FACT SHEET ON DENTAL IMPLANTS DENTAL IMPLANTS: * are the most advanced tooth replacement system ever devised *help preserve jawbone to prevent the appearance of premature aging *look and function like natural teeth *are placed/restored in the doctor’s office with minimal discomfort *improves comfort, appearance, speech * have a 95% success rate * allow you to eat the foods you love and talk, laugh and smile with confidence * represent a conservative treatment option-- adjacent teeth are left untouched * never develop decay * can provide great stability for lower denture * can completely eliminate the need for a denture * can help people of any age * give patients a third set of teeth that are natural looking and very long-lasting Ask yourself the following questions: Are you missing one or more of your natural teeth? Do you have a complete or partial denture that is no longer completely comfortable? Have you ever been embarrassed by a denture or a bridge? If you answered “yes” to one or more of these questions, call us today at (530) 527-6777 to schedule an evaluation appointment. We would be pleased to evaluate your oral health and discuss treatment options with you. ed economic news drew investors into government bonds, sending the yield on the 10-year Treasury note as low as 3.07 percent, its low- est level this year. It was trading at 3.15 percent shortly before the economic reports came out. Bond yields fall when their prices rise. ‘‘People are nervous about what’s happening in Europe, nervous about whether or not the eco- nomic recovery has enough wind left in its sails,’’ said Brian Jacob- sen, chief portfolio strate- gist at Wells Fargo Advan- tage Funds. Stocks have been falling throughout May, erasing all of the gains made in April on stronger corporate earn- ings reports. The S&P 500 has lost 3 percent this month after reaching a 2011 high of 1,363 on April 29. It’s still up 5.2 percent for the year. Computer Sciences Corp. fell 14 percent, the most in the S&P 500, after the government contractor reported disappointing results and a weak earnings forecast late Wednesday. ✪ WE WILL PAY UP TO ✪ Windshield Replacement on deductible *Some restrictions apply starting at$ ✪ FREE Estimates $500* 200 530.527.6160 915 Madison St., Red Bluff