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8B Daily News – Saturday, November 19, 2011 MON.-FRI. 9:00-5:30 • SAT. 9:00 -5:00 • CLOSED SUNDAYS FURNITURE DEPOT MATTRESS NORTH VALLEY Stocks finished about where they started Friday as investors balanced posi- tive signs for the U.S. economy with a looming deadline for a deficit-cut- ting committee in Con- gress. Steep declines earli- er in the week left the mar- ket with its worst weekly loss since September. The Dow Jones indus- MON.-THURS. 9:00-6:00 • FRI. 9:00-7:00 • SAT. 9:00-5:00 • SUN. 11:00-5:00 235 So. Main St., Red Bluff 527-1657 632 Main St., Red Bluff 527-5837 most of the 30 stocks in the index, on an analyst upgrade. The Conference trial average gained 25.43 points, or 0.2 percent, to close at 11,796.16. The Dow traded in a relatively narrow range, rising as many as 84 points and falling as many as 15. Hewlett-Packard Co. jumped 2.6 percent, the Board's index of leading economic indicators rose more than Wall Street ana- lysts were expecting, a sign that the economy may pick up in the coming months. But many investors were cautious as a key Congressional com- mittee remained dead- locked on ways to cut the U.S. budget deficit. A bipartisan panel must agree on making at least $1.2 trillion in deficit cuts by Thanksgiving. If the committee fails and Con- gress takes no other action, automatic spending cuts will take effect beginning in 2013. Economists worry that a deadlocked Congress will erode busi- ness confidence and slow the already-fragile econo- my. The Standard and Poor's 500 lost 0.48 point, or less than 0.1 percent, to 1,215.65. Telecommunications and technology stocks fell broadly. The Nasdaq com- posite slid 15.49, or 0.6 percent, to 2,572.50. Mattress Sets & Adjustable Bed Financing & Delivery Available • FREE pillows • FREE delivery • FREE disposal With purchase of Tempurpedic mattress sets only. Stocks end little changed as Europe worries ease Wall Street percent. The market fell sharply Wednesday and Thursday on worries that Europe's debt crisis could spread and hurt U.S. banks. Salesforce.com plunged 10 percent after its quar- terly results came in below estimates. The Dow is down 2.9 percent for the week. Broader indexes fell even more. The S&P 500 lost 3.8 percent, the Nasdaq 4 Encouraging economic reports this week — including a drop in un employment applications and an increase in industri- al production — did little to help the market because a European meltdown would easily drag down the U.S. economy, said Kim Caughey Forrest, equity research analyst at Fort Pitt Capital Group. ''Our economy might be improving, but the fixa- tion is on what's going to happen with the world banking system if defaults happen in Europe,'' she said. She said investors are reluctant to take big posi- tions because no one knows how Europe's prob- lems will be resolved, or how U.S. companies' future profits will be affected. Alan Wylie Local Inspector Mobile: 530/638-1015 FREE & TERMITE INSPECTION or UP TO 15% OFF TERMITE TREATMENT SERVICE* PEST EVALUATION FREE & SAVE 10% OFF PEST CONTROL SERVICE* Holiday Special Sunday, November 27 Sunday, November 20 THROUGH 2 Games of Bowling & Shoe Rental with Socks OR 1 Game Bowling, Shoe Rental AND 1 Round Mini Golf * $ * $ Saw & Mower Quality 365-8700 2901 Douglas St. Anderson Outdoor Power Red Bluff 527-5741 490 Antelope Blvd. Red Bluff Saw & Mower Orland 865-8800 235 E. Walker St. (Hwy 32) • Orland 9.98 per person before 6pm 10.98 per person after 6pm Restrictions apply call for details Rolling Thunder Give Thanks Celebration Friday, Nov. 25th, 9:30pm-11:30pm Bowling & shoe rental only $10/person 365 S. Main St., Red Bluff & Bowling Greens Miniature Golf (530) 527-2720 www.LariatBowl.com 2011