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8A Daily News – Friday, August 10, 2012 NEW YORK (AP) — The stock market has the summer doldrums. U.S. stocks dawdled between small gains and losses Thursday with investors unable to decide what to focus on: incre- mental encouraging news about the U.S. economy, or incremental negative news about China and else- where. trial average fell 10.45 points — just 0.08 percent. It has barely budged for most of the week, rising Monday through Wednes- day but only by small frac- tions of a percent. The rel- ative quiet is partly due to a The Dow Jones indus- Stocks waver; signs on the economy hard to read Wall Street lack of major develop- ments in the European debt crisis or decisive news on the U.S. economy. Another reason is simply because traders like to clear out for vacation in August. ''I think there are more investment officer of Hefty Wealth Partners, wasn't in the Hamptons: He was in active managers in the Hamptons than there are in Manhattan,'' said Hugh Johnson, chairman and chief investment officer of Hugh Johnson Advisors in Albany, N.Y. David Abuaf, chief slowed in auto sales and factory output. Another emerging-mar- ket giant, India, reported lower industrial output for the third time in four months. Advance Auto Parts fell after reporting lower rev- enue and net income, los- ing nearly 4 percent, or $2.65, to $67.92. Cosmet- ics company Elizabeth Arden jumped 13 percent, rising $5.06 to $44.02, after reporting strong inter- national sales. Online brokerage E- Get more home for your money with a Clayton Home! Under New Management Trade-Ins welcome any age, any condition. In house financing, even for challenged credit. Any new purchase in the month of August (2012) will receive a 32" flatscreen T.V. (Application with deposit required: TV delivered with home at end of sale) 26 Sale Lane, Red Bluff (530) 529-2191 www.Claytonredbluff.com his office in Auburn, Ind. And he, also, was watch- ing the markets languish. ''There has been noth- ing systemically consis- tent, either good news or bad news,'' Abuaf said. ''So a lot of professional asset managers are saying, 'I don't know where I want to put my money, but if I don't invest now then my clients are going to start demanding their money back.''' The Dow closed at 13,165.19. It was down about 51 points at its low- est and up 23 at its highest, meaning it had a spread of about 74 points throughout the day. The average spread for the year so far is much higher, about 134 points, according to Dow Jones Indexes. indexes were equally underwhelming. The Stan- dard & Poor's 500 was vir- tually flat, rising 0.58 points to 1,402.80. The Nasdaq edged up 7.39 to 3,018.64. Changes in the other The trendless market was a product of conflict- ing news about the world economy. In the U.S., the govern- ment reported that the trade deficit fell to the low- est level in 18 months, which is generally consid- ered good for the economy. In June, the U.S. enjoyed lower prices for the oil it brought in and higher sales of the cars, pharmaceuti- cals and industrial machin- ery it shipped out. But the report also brought a troubling sign that China, which grew even through the global recession and afterward, can't prop up world mar- kets forever. U.S. exports to China dropped more than 4 percent. Separately, China reported that growth Sierra Sound Car Audio 35th $ 226 So. Main St., Red Bluff 527-3735 All CD's 13.99 Anniversary Sale or less Trade jumped nearly 7 percent, rising 55 cents to $8.57, after the company unexpectedly fired its CEO. The company didn't spell out its reasons for the dismissal, but the stock has languished and the company's largest share- holder, hedge fund Citadel, has clamored for change. Across the Atlantic, there were a few forebod- ing reminders that Europe's economy remains in trouble. Germany's Com- merzbank predicted lower profits for the rest of the year, worrying that cus- tomers are too nervous to invest or take out loans. Greece reported that unemployment soared to 23 percent in May from 17 percent the year before. Among people under 25 years old, 55 percent are out of work. K W I K K U T S Family Hair Salon $200 REGULAR HAIRCUT off with coupon Not good with other offers 1064 South Main St., Red Bluff • 529-3540 Reg. $13.95 Expires 8/31/12 The price you see is the price you pay1 Every 2012 Chevrolet discount priced! 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