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8B Daily News – Saturday, July 16, 2011 Furniture DEPOT RECEIVE ADDITIONAL SAVINGS 235 S Main St., Red Bluff 530 527-1657 www.thefurnituredepot.net HOURS: MONDAY-FRIDAY 9:00-6:00 SATURDAY 9:00-5:00 • SUNDAY 11:00-5:00 $50 - $100 - $200 on selected Recliners • Mattress sets Bedroom Sets • Dining Sets • Sofa & Loveseat sets A late rally Friday pre- vented the stock market from having its worst week in nearly a year. Investors seemed to largely ignore the ongoing debate in Washington over raising the country’s bor- rowing limit. Troubling questions over Europe’s financial health and manu- facturing in the U.S. weighed down stock prices for much of the day, over- whelming a very strong earnings report from Google Inc. Google jumped nearly 13 percent, the most of any stock in the Standard and Poor’s 500 index, after the company said its revenue hit a record last quarter. Google’s earnings pushed tech stocks in the S&P index broadly higher. Microsoft Corp. and Cisco Systems Inc. each gained 1 percent. Worries about Europe and weak factory output in the U.S. have kept traders’ expectations and stock prices relatively low since early this spring, said Ryan Detrick, senior technical strategist Schaeffer’s Invest- ment Research. If corporate Watch for coupon ad in this paper Stocks narrowly miss having the worst week in a year Wall Street earnings remain strong and Europe stabilizes, he said, stocks might rally in the second half of the year. That happened last year, after fears about Europe held the stock market back all sum- mer. Most investors believe a deal to raise the country’s debt ceiling will be reached before the Aug. 2 deadline. Standard & Poor’s said Thursday there is a 50 per- cent chance it will down- grade the government’s triple-A rating within three months because of the impasse. Moody’s made a similar warning on Wednes- day. Even so, there has been little visible progress in negotiations between Presi- dent Barack Obama and Congressional Republicans. The Standard and Poor’s 500 stock index finished with a gain of 7.27, or 0.6 percent, to 1,316.14. Most of the gains came in the last hour of trading. The Dow Jones industri- al average added 42.61, or 0.3 percent, to 12,479.73. The Nasdaq composite rose 27.13, or 1 percent, to 2,789.80. The late gains Friday trimmed the S&P 500’s weekly losses to 2.1 per- cent. Had the index closed where it was at 2:30pm it would have been down 2.6 percent for the week, mak- ing it the worst week since last August. The Red Bluff Tritons Swim Team would like to thank the following businesses and individuals for their generous donations, which helped make our annual Splash for Cash and Triton 2011 Invitational Swim Meet such a success. Meet Sponsor Lions Club of Red Bluff 527-6727 243-2303 365-1429 Lane Line Sponsors Cornerstone Community Bank Tobin and Associates Matt Jackson’s Pest Control AG-LAND Investment Brokers Dr. Chris Louisell St. Elizabeth Community Hospital Team Sponsors Tom’s Glass and Muffler Storage 2 Go Tehama Oaks Winery Lassen Forest Products Tri Counties Bank Me Call the school of your choice for more information.... Cap Sponsors Acorn Construction AMS Construction Copy Center F C Bickert Plastering Hanger Orthopedics Matt Jackson’s Pest Control ReMax Top Properties Dr. Daniel King Tobin and Associates Silent Auction Donors Rolling Hills Casino Wilcox Oaks Golf Club Downtown Fitness Center Rio Skin and Body Works Prime Cinemas Red Bluff Eclipse Salon Red Bluff Tritons Swim Team Growney Motors NAPA Auto Parts Tehama Family Fitness Center Plum Crazy Hair Design & Boutique Subway Sandwiches & Salads Main Street Chevron Jiffy Lube Luigi’s Pizza Burrito Bandito Tremont Café & Creamery Baskin-Robbins Ice Cream Dutch Bros. Coffee Lariat Bowl Chris and Allie Louisell Jeff and Karen Realander Lonnie and Ellie Scott A big thank you also goes out to all of the community and parent volunteers, our dedicated coaches and our wonderful Triton families. Working together, we give our children the wings to fly!