Issue link: https://www.epageflip.net/i/8309
4A – Daily News – Friday, March 26, 2010 CONFUSED ABOUT HEARING AIDS? Join us for a FREE community seminar by ear surgeon, Timothy Frantz, M.D. “Straight Talk about Hearing Aids” “There are plenty of options out there for you to buy a hearing aid. It takes more than hearing aids to solve a hearing problem.” - Dr. Frantz NEW YORK (MCT) — A U.S. stock rally evaporated abruptly Thursday as a strength- ening dollar sapped gains in commodities and related shares, large- ly overtaking bullish sentiment that came with upbeat results from the retail and technology sectors. "The volume is light enough that swings can be pretty dramatic even in the last half hour where we saw the dump- ing of lots of energy and material names," said Owen Fitzpatrick, head of the U.S. equity group at Deutsche Bank. "Some of the trends that started out early in the morning held, and some didn't," added Fitz- patrick, who pointed to the technology and con- sumer discretionary companies as among those that maintained gains even as the market took a dramatic shift down. Far off a near 120- point rise, the Dow Jones industrial average ended at 10,841.21, up 5.06 points, or less than 0.1 percent, with 16 of its 30 components ending higher, led by Walt Dis- ney Co., up 2 percent. Chemical Du Pont front- ed the losses among the blue chips, off 2.4 per- cent. Timothy Frantz M.D. Board Certified Otolaryngologist You are cordially invited to join us for a complimentary Hearing Health Seminar. You’ll enjoy gourmet coffee & pastries and learn about the benefits of today’s newest technology. Where: Red Bluff Community Center 1500 So. Jackson When: Tuesday, March 30th 3:00 - 4:30 pm There is no cost or obligation. Yes, hearing technology has dramatically improved. Even if you were fitted with a hearing aid as little as one year ago, we can improve it! It’s this new technology that we’ll discuss while you enjoy a relaxing afternoon. Reservations are limited so call NOW to reserve your seat. You must RSVP by March 29, 2010 (530) 528-1220 All attendees will receive a FREE gift card! The S&P 500 Index fell 1.99 points, or 0.2 percent, to 1,165.73. Materials and energy were the greatest lag- gards on the index, which is often used as an indicator of the broader market. The Nasdaq Compos- & Gardening 10-25% OFF MSRP HYDROPONICS Indoor Lighting ADVANCED 1417 SOLANO ST., CORNING 824-1100 NOW OPEN SUNDAYS Stocks rally dries up late Wall Street ite Index declined 1.35 points, or 0.1 percent, to 2,397.41. An improved outlook from wireless-chip man- ufacturer Qualcomm bolstered the technology sector, while robust results from electronics retailer Best Buy helped boost consumer discre- tionary issues. Lululemon Athletica Inc. was also among consumer-oriented stocks offering hope for a sustained recovery in consumer spending. "We've got better- than-expected earnings from Qualcomm, Best Buy and Lululemon, plus it's pre-reporting season and nobody is coming out to confess that they missed the quarter, so we have a credible possibility of having a good first-quar- ter earnings season," said Art Hogan, chief market strategist at Jef- feries & Co. Decliners overcame advancers by a 3-to-2 margin on the New York Stock Exchange, where composite volume topped 5.8 billion. In testimony before the House Financial Ser- vices Committee, Feder- al Reserve Chairman Ben Bernanke said the U.S. economy remains so fragile that extraordi- narily low interest rates will be needed for an extended time. Ahead of Wall Street's open, the Labor Depart- ment reported first-time jobless claims last week Bartlett & Spence and • Payroll Open year around 1395 Montgomery Rd. • Bookkeeping Red Bluff, Ca • 527-2276 Marie Bartlett & Shirley Spence Unique Consignment Boutique Act II Wedding Gowns Now carrying a bigger selection of Accessories New & Gently Worn Also Bridal Wear and Tuxedo Rentals 707 Walnut St., Red Bluff 527-4227 DW PLUMBING INC. Local Plumbers Serving all Your Plumbing Needs Since 1993 530 527-6403 Major Credit Cards Accepted Barber Shop $ Cheers 600 Senior Cuts Open 6 days 9-6 570-2304 259 S. Main St. Tractor Supply Center Lic. No 679492 fell to 442,000, the fourth straight weekly decline. The data gave credence to thinking that job losses are lessening and that the economy could show actual job growth in March. Treasury prices held to modest gains, pushing down yields that scored their greatest jump in months the prior session. European Union lead- ers are gathering in Brussels as Germany attempts to halt the feud- ing over a rescue plan for Greece, which is struggling with a deficit that far exceeds the E.U.'s ceiling as a pro- portion of gross domes- tic product. The climb in equities comes after Wednesday's stall in the market's recent upward trajectory, with the major indexes all poised for weekly gains of roughly 1.5 per- cent. "Even in a bull mar- ket, prices do not go up every day," said Fred Dickson, chief market strategist at Davidson Cos., reiterating his con- tention that the market is due for a minor correc- tion of 2 percent to 3 percent.