Red Bluff Daily News

March 27, 2010

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10B – Daily News – Saturday, March 27, 2010 Furniture Depot NO 235 So. Main St., Red Bluff 527-1657 MON.-FRI. 9:00-6:00 SAT. 9:00-5:00 • SUN. 11:00-5:00 NEW YORK (MCT) — Blue-chip stocks managed a tiny gain as investors grew less con- cerned about Greece's debt load, though some participants moved to take money off the table following a steady rally that had carried the mar- ket to an 18-month high this week. The Dow Jones Industrial Average see- sawed before ending with a 9.15-point gain, up 0.1 percent, at 10,850.36, up 1 percent for the week. The Dow was up 68 points at its morning high but strug- gled throughout the afternoon, especially after a South Korean navy vessel sank along a disputed maritime bor- der with North Korea. The Dow, Nasdaq Composite and S&P 500 all ended with a fourth- straight weekly gain, the longest such streak for all three indexes since the four-week period ending Aug. 7, 2009. The market was helped by news that Greece's neighbors have agreed to a plan to bail out the debt-laden nation, if necessary, in conjunction with the Stocks end with fourth-straight weekly gain Wall Street Sale* International Monetary Fund. On Friday after- noon, the news prompt- ed Standard & Poor's to affirm its ratings stance on Greece. Though stocks have generally been on a strong run in March, the past two sessions have been rocky, marked by solid intraday rallies that gave way to lacklus- ter finishes in the after- noon. With the Dow hover- ing close to 11000, at levels not seen since the pivotal late-September 2008 period in the finan- cial crisis, more traders have been willing to bet that the market is over- due for a correction to shake out speculative excess. "You're seeing a lot of turbulence," said Dick Del Bello, senior partner at Conifer Group. "There's not a lot of bad news and a few good things out there that people are hanging their hats on." The Nasdaq Compos- ite Index slipped 0.1 percent to 2,395.13, up 0.9 percent for the week. The index was hurt by a 1.3 percent retreat in Oracle Corp. after the company reported a decline in fiscal third- quarter profit. Vegas Strip to go dark for Earth Hour LAS VEGAS (AP) — The Las Vegas Strip in Nevada will go dark Saturday night as part of a project to highlight climate change. The Strip is participating in the World Wildlife Fund’s Earth Hour. At 8:30 p.m. local time Satur- day nonessential lighting will go off. In Vegas that means the beam that shines sky- ward from the Luxor and the ‘‘Welcome to Fabulous Las Vegas Nevada’’ sign will go dark. Several casi- nos in downtown Reno also are joining the effort. The World Wildlife Fund says more than 3,500 cities in 125 countries are participating in the event. All 50 states in the U.S. also are taking part. All Star 10 acres of inventory PARTS LOCATING SERVICE Domestic • Foreign • Pick-ups Highway 99W & Capay Road (Halfway between Corning & Orland) Corning CA. Mon-Fri 8am-5pm • Sat. 9am-4pm Auto Recycling 530 824-2880 *WILL PAY CASH FOR JUNK CARS* Eric Hammond, Mgr. See our ad in the Best of Tehama County 2010 tab Round-up Mixer Located inside Reynolds Ranch & Farm Supply HUGE SELECTION OF AMMO IN STOCK including: • 22 Long Rifle • 45 Auto • 45 Colt • 9 mm • 38 Special • 40 S & W & much more 501 MADISON ST. (530) 529-3877 Home of the Thru Wed. March 31, 2010 *”no sales tax” in reference to discount given equal to the amount of calculated sales tax.

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