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8B Daily News – Saturday, October 15, 2011 Furniture Depot 235 So. Main St., Red Bluff 527-1657 MON.-FRI. 9:00-6:00 SAT. 9:00-5:00 • SUN. 11:00-5:00 Rules: Haul, Drag or (have our guys do it) NEW YORK (AP) — Stronger retail sales and surging profits from Google sent stocks higher Friday. The Dow Jones industrial average turned positive for the year and the S&P 500 index had its best week in more than two years. borrowing limit. The dollar and U.S. lapse of the euro zone and a U.S. recession,'' said Dan Greenhaus, chief global strategist at the bro- ker BTIG in New York. ''Neither seems likely now.'' Retail sales increased 1.1 percent in September, the biggest gain in seven months and double what economists projected. Retail sales are a key barometer of consumer spending, which helps drive economic growth. It was the latest positive report on the U.S. econo- my and added to a grow- ing body of evidence that another U.S. recession isn't as likely as many had feared. ''The market's decline was predicated on the col- The Dow rose 166.36 points, or 1.4 percent, to close at 11,644.49. The average of 30 large com- panies has shot up 9.3 per- cent after hitting 10,655 on Oct. 3, its lowest level of the year. The Standard & Poor's 500 rose 20.92, or 1.7 per- cent, to 1,224.58. The index gained 6 percent this week, the best week since July 2009. It was the highest close for the S&P since Aug. 3, when Wash- ington was in paralysis over raising the country's Win WinWin Win You could $100* Just for sharing your local shopping and media preferences! Take the Pulse Research survey online only at: www.pulseresearch.com/redbluffdailynews Do it today – Survey will end when enough surveys are completed. *$100 gift certificates will be awarded to four individuals selected at random from among those completing the survey. Those selected may choose any store or business in Tehama County at which to redeem their gift certificate. Individual survey responses will not be shared with any third party. D NEWSAILY RED BLUFF TEHAMACOUNTY HELP US SPREAD THE WORD Treasury prices fell as investors moved money into assets that perform better when the economy picks up. The yield on the 10-year Treasury note rose to 2.25 percent, the highest level since August. Bring in any Sofa set, Mattress set, Dinette set or Recliner and receive $100 trade in toward a new one. *Minimum purchase required. Note: Only one trade in allowance per item purchased Dow average turns positive for 2011; Google soars Wall Street Oil and other com- modities rose sharply. Energy industry stocks jumped. Exxon Mobil Corp. jumped 2.3 percent to $78.11; Chevron Corp. rose 2.7 percent to $100.47. Stock indexes have reversed a long slide in recent weeks, helped by better news on the U.S. economy and progress in Europe toward resolving that region's debt crisis. Hiring has picked up, although modestly, and manufacturing continued to grow. The Dow soared 330 points Monday after the leaders of France and Germany pledged to come up with a far-reaching solution to the region's FREE! •COATS • HATS • GLOVES • SCARVES • BLANKETS • COLD WEATHER CLOTHING Free Goodies & Info Everyone Welcome debt crisis by the end of October. Google Inc. shot up 5.8 percent to $591.68 after its quarterly income jumped 26 percent. Apple Inc. rose 3.3 percent to $422 as its new iPhone went on sale. Record-set- ting iPhone sales have helped Apple thrive this year even as the economy slowed. Don't Miss Out! FREE MEAL SAT. NOV. 12th 8 a.m. to Noon At Bethel Church 625 Luther Rd, Red Bluff Call 527-2151 for more information The two tech leaders helped the Nasdaq gain 7.6 percent this week. That's the best week since July 2009. The Nasdaq rose 47.61 points Friday, or 1.8 percent, to 2,667.85. Navistar International Corp. jumped 7.3 percent to $41.51 on news that the billionaire investor Carl Icahn bought a stake in the maker of military trucks and recreational vehicles. Retail sales are the government's first look at consumer spending each month. Household spend- Local Businesses! DISCOUNTS bundled business-building promotional packages on print, online On Sale OCT 17-28 ONLY! Only available through D NEWSAILY (530) 527-2151 RED BLUFF TEHAMACOUNTY Contact your advertising representative today ing on everything from clothes to health care accounts for 70 percent of the U.S. economy. If that spending falls sharply, a recession is more likely. European markets extended an eight-day rally despite an overnight downgrade of Spain by Standard & Poor's and warnings from Fitch about big banks. Food and soap company Unilever PLC announced a major acqui- sition, and Swiss agro- chemicals firm Syngenta reported strong third- quarter sales. Google reported late Thursday that its third- quarter revenue was one- third higher than last year. It was Google's fourth consecutive quarter of year-over-year revenue growth. Google is doing well because of the reach of its search engine and the effectiveness of its ads. The government also said Thursday that busi- nesses added to their stockpiles for the 20th consecutive month while sales rose for a third straight month. The increase suggests busi- nesses remained confident enough to keep stocking their shelves. Five stocks rose for every one that fell on the New York Stock Exchange. Trading vol- ume was below average, 3.7 billion shares. Sponsored by associates of the