Red Bluff Daily News

April 03, 2012

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8B Daily News – Tuesday, April 3, 2012 up to $800 Instant Cash Discounts available on high efficiency heating & air conditioning systems (AP) —A positive report on U.S. manufacturing over- shadowed concerns about weaker global growth and lifted stocks to multi-year highs Monday. The gain added to the best first quarter for stocks in more than a decade. The Institute for Supply Management said that its index of manufactur- ing activity rose strongly this month. A measure of manu- facturing employment rose to a nine-month high. Stocks in the U.S. and Europe had tilted negative but rose after the ISM report. The S&P 500 closed up 10.57 points, or 0.8 percent, at 1,419.04. That was its highest close since May 19, 2008. The Dow Jones industrial Instant cash discount ends April 30th 2012 Financing available O.A.C. Some restrictions apply. See dealer for details replacement systems only. No new construction 527-5828 Cal. Lic. #233456 Everything on Your Dark Chocolate Easter Bunnies, Easter Eggs and Easter Lollipops Easter List Solid Milk or & Sugar-free Chocolates Boxed Assortments Gift Trays • Brittles Milk, Dark, White Chocolate-Covered Nuts & Espresso Beans Caramel Corn Salt Water Taffy (including sugar-free) PUMPKINLAND Chocolate Company 530 527-3026 12000 Hwy. 99E (5 miles South of Red Bluff) Hours: 10:00 - 6:00 daily "Closed Easter Sunday" Phone orders welcome - we ship average added 52.45 points, or 0.4 percent, to close at 13,264.49. It hasn't closed that high since the last day of 2007. The Nasdaq compos- ite average gained 28.13, or 0.9 percent, to 3,119.70. From January through March, the Dow rose 8 per- To instill and reinforce "pride in place" among those of us blessed to live here. US stocks rise, building on soaring first quarter Wall Street cent and the S&P 12 per- cent, the best first quarter for those indexes since 1998. The Nasdaq rose 19 percent, its best first quarter since 1991. Groupon plunged 17 percent on the first trading day after the company said its internal controls are weak and its fourth-quarter loss was bigger than initially reported. Still, the rally was broad, lifting all 10 of the S&P 500's industry groups. Rising commodity prices gave materials and energy companies some of the strongest gains. A weaker report on U.S. construction activity kept traders' enthusiasm in check. Builders slowed their activity for a second straight month in February, pushing construction spending down by the largest amount in seven months. The conflicting U.S. eco- nomic reports followed mixed data from overseas. Surveys of Chinese fac- tory executives shaded an uneven picture: A govern- ment-sanctioned report said *WILL PAY CASH FOR JUNK CARS* Quality Used Parts for Less 824-2880 10 ACRES OF 22521 Capay Road, Corning CA. 96021 Mon-Fri 8am-5pm • Sat. 9am-2pm Highway 99W & Capay Road (Halfway between Corning & Orland) ❤ ✓ CHECK IT OUT ➜ 648 Main St. Downtown Red Bluff TATTOO (530) 528-8288 FIRST LOVE Spring Fever Now's the time to get your tattoos & piercings to be ready for summer! NEW LINE OF ACCESSORIES Auto Recycling Inc. INVENTORY All Star • DOMESTIC • FOREIGN • PICK-UPS that manufacturing there gained momentum for a fourth straight month. But a separate survey by megabank HSBC suggested that China's export activity is contracting. The HSBC survey recorded its lowest average reading in three years in the first quarter. Later, a survey of Euro- pean manufacturing execu- tives by financial data firm Markit fell to a three-month low. The result indicated that manufacturing activity there is contracting. Europe's sta- tistics bureau said that unemployment in the 17 countries that use the euro has risen to 10.8 percent, the highest level since the launch of the euro in 1999. The nervous tone boost- ed demand for ultra-safe Treasurys, sending the yield on the 10-year Treasury note down to 2.19 percent from 2.24 percent earlier Monday. Trading on the New York Stock Exchange was lighter than average. Many traders looked ahead to the U.S. March jobs report, due out Friday. Economists expect that job creation slowed modestly. Your tax experts 32 Years Plus Experience "Enrolled to practice before the IRS" Open Year-Round New Clients Welcome www.lassentax.com Enrolled Agents: Rose Hablitzel, EA Rex Cerro, EA (530) 527-8225 208 Elm St., Red Bluff All major Credit Cards accepted Crafts & More Under new ownership 650 Main St. Red Bluff 530 528-2723 Tues.-Fri. 10:30-5:30 Sat. 11-3 Closed Sun. & Mon. Easter Baby Bouquet Did You Know? You have the choice to select your own repair facility. Fast, High Quality Repairs with 100% Satisfaction GUARANTEED! Red Bluff Collision Auto repair and refinishing, glass repair, custom paint and matching 530.527.6160 • 915 Madison St., Red Bluff

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