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NEW YORK (AP) — Nobody ever said read- ing the Federal Reserve was easy. On Wednesday, the Fed appeared to suggest it was closer to taking additional steps to help the U.S. economy. Stocks rallied as a result and finished the day well off their lows. But the prospect of Fed help seemed much less certain Thursday, and stocks fell. The Dow Jones industrial average lost 115.30 points to close at 13,057.46 — the biggest loss in more than a month and the Dow's fourth straight down day. Stocks down; Fed moves seem less like a sure thing Wall Street Cincinnati, using mar- ket slang for a Fed pro- gram of bond-buying to help the economy. But another Fed regional official, Chica- go president Charles Evans, told reporters in Beijing that he supports further action by the Fed, an apparent affir- mation of the Fed min- utes. The government reported that claims for unemployment insur- ance rose last week, the second straight increase, which also hurt stocks. The Standard & James Bullard, presi- dent of the Fed's St. Louis bank, told CNBC that the minutes from the July 31-Aug. 1 meeting were ''stale'' because the economy had picked up since then. stronger,'' he said, the Fed will hold off. ''He poured some If it becomes ''a bit water on the fire of the QE3 talk,'' said Ryan Detrick, senior technical strategist at Schaeffer's Investment Research in expect that the govern- ment there may have to step in more decisively to try to boost the econ- omy. ''It's just a harsh reminder that the world- wide economy contin- ues to disappoint,'' Det- rick said. Investors who yanked Some investors money out of stocks and oil put it in metals instead. The price of gold rose 2 percent, jumping $32.30 to $1,672.80 per ounce. Poor's 500 index fell 11.41 points to 1,402.08. The Nasdaq composite index fell 20.27 to 3,053.40. Benchmark oil fell 99 cents to $96.27 per bar- rel in New York. Slower growth cuts demand for oil, so traders push the price down when they are nervous about the economy. Manufacturing activi- ty fell to a nine-month low in China, the world's second-largest economy after the Unit- ed States. Friday, August 24, 2012 – Daily News 5A Greece's problems. ''It's really more of the same,'' said Mike Gibbs, co-head of the equity advisory group at Raymond James in Memphis, Tenn. ''What Europe has done is told us they're going to do something. They haven't really told us what.'' Prices also rose for other metals. slow, typical for the market's traditional August lull. The big events that could move the market lie ahead — Fed Chair- man Ben Bernanke's speech in Wyoming later this month and a German court's ruling next month on whether the country can partici- pate in a bailout for European countries. German leaders, on But overall, news was the eve of a critical meeting with their The euro hit a seven- week high against the dollar. Greek counterparts to discuss Greece's ongo- ing bailout, showed signs of the strain between the two coun- tries. Greece has asked for INTERIORS NOW LOCATED Inside Stromer Realty 590 Antelope Blvd., Bldg. A, Ste. 10 Red Bluff, Ca 96080 Visit my new showroom or Custom Draperies & Bedding Blinds, Shutters & Shades Staging & Color Consultation call 529-5937 for a in home appointment Specializing in: Nor-Cal JR Claybuster's Sporting Clay Tournament @ Clear Creek Sporting Club @ (Rolling Hills) $75.00 $17.00 -per shooter (lunch included) -lunch non-shooter's Sunday, August 26TH Signups between 8am-9am starting time 9am COMPLETE AUTO REPAIR Award ceremony following shoot @ Rolling Hill's Casino NOR-CAL JR. CLAYBUSTERS P.O. BOX 8326 RED BLUFF, CA 96080 530-528-8311 OR 530-527-2522 Coffee NOW .94¢+tax LUNCH & DINNER SPECIALS EVERYDAY Coming Soon Beer & Wine! 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