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6A Daily News – Thursday, September 13, 2012 Furniture Depot 527-1657 235 So. Main St. Red Bluff NEW YORK (AP) — The stock market edged higher Wednesday after a court cleared the way for Germany to participate in a European rescue fund. Attention shifted to the Federal Reserve, which began a big two-day meet- ing. Germany ruled that the country could contribute to Europe's $640 billion res- cue fund to help indebted governments. The ruling offered investors relief, but not much more. The issue was ''more The highest court in MON.-FRI. 9:00-6:00 SAT. 9:00-5:00 SUN. 11:00-5:00 four-month high against the dollar. speed bump than hurdle,'' Dan Greenhaus, chief glob- al strategist at the brokerage BTIG, told clients. ''More legislative and political challenges lay ahead. Today's ruling simply does nothing to change that larg- er story.'' The Dow Jones industri- al average climbed 9.99 points to close at 13,333.35, a four-year closing high. The Standard & Poor's 500 index added an even 3 points to 1,436.56, also close to a four-year high. The ruling helped push Germany's main stock index, the DAX, to its high- est level since July of last year. The euro rose to a When the Fed wraps up its meeting Thursday, investors and economists expect it to announce new steps to stimulate economic growth, especially after a Labor Department report showed employers added fewer than 100,000 jobs last month. Many investors are banking that the Fed will commit to buying more bonds and extend its pledge to keep short-term interest rates near zero until 2015. The Fed previously offered to keep them there until late 2014. ''Everyone is expecting the Fed to put the pedal to the metal,'' said Jack Ablin, chief investment officer at Harris Private Bank in Chicago. ''Anything short of that and we could have some serious disappoint- ment if the Fed doesn't come through. No news will be bad news.'' Ablin was skeptical that the Fed would begin another bond-buying pro- gram. The Fed hatched two previous efforts when economic figures looked bleaker than today. The first came in March 2009, right after the financial cri- C & C PROPERTIES 741 Main Street, Suite #2 Red Bluff, CA 96080 1-800-287-2187 (530) 527-2187 An Independently owned and operated Member of Coldwell Banker Residential Affiliates. FOR 24/7 PROPERTY INFO CALL 1-888-902-7253 .2 BD 2 BA 1344 SQ.FT. 3 BD 2 BA 1157 SQ.FT. 2 BD 2 BA 1104 SQ.FT. 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The economy has plenty of problems now, ''but there are some great things happening, too,'' Education News? clerk@redbluffdailynews.com Ablin give a talk detailing reasons for optimism. Falling prices for natural gas, for instance, could usher in a shift to a In fact, he was about to cheaper, cleaner fuel source for vehicles than crude oil. And the housing market has begun to come back. In other trading Wednes- day, the tech-heavy Nasdaq Android and Apple devices dominate in smartphones, with 85 percent of the world- wide market combined, according to research firm IDC. Apple should get a boost during the holiday season with a new iPhone announced Wednesday. Companies making Android devices include Samsung Electronics Co., HTC Corp. and Motorola Mobility, which Google now owns. Samsung also makes phones running Bada, which is based on Linux. Nokia has relied on Symbian, but it is now banking its future on Windows. Here are IDC's figures for worldwide smartphone unit sales and market share in the second quarter of 2012, by operating system. four-year highs last Thurs- day when news out of Europe set off a worldwide rally. The European Central Bank laid out a concrete plan to support the region's struggling countries through buying their gov- ernment bonds. The Dow remains at its The indexes reached highest level since Decem- ber 2007, the beginning of the Great Recession. It's 6 percent shy of the all-time high it hit two months earli- er, in October 2007. Worldwide market share for smartphones — Android (Google Inc.) — 104.8 mil- lion units, 68.1 percent share (46.9 percent a year earlier) — iOS (Apple Inc.'s iPhone) — 26.0 million units, 16.9 percent share (18.8 per- cent a year earlier) — BlackBerry (Research in Motion Ltd.) — 7.4 million units, 4.8 percent share (11.5 percent a year earlier) — Symbian (mostly used by Nokia Corp.) — 6.8 million units, 4.4 percent share (16.9 percent a year earlier) — Windows (Microsoft Corp.) — 5.4 million units, 3.5 percent share (2.3 percent a year earlier) — Linux — 3.5 million units, 2.3 per- cent share (3.0 percent a year earlier) Over 25 years of experience The North State's premier supplier of stoves STOVE JUNCTION COMPLETE AUTO REPAIR recommened 30K, 60K, 90K SERVICES AT LOWER PRICES All makes and models. We perform dealer Smog Check starting at$ Pass or FREE retest 527-9841 • 195 S. Main St. (most cars and pick-ups) 2595 + cert. 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