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8A Daily News – Thursday, September 20, 2012 Furniture Depot 527-1657 235 So. Main St. Red Bluff NEW YORK (AP)— A pair of encouraging reports about the housing market gave U.S. stocks a little boost Wednesday. Home sales jumped to the highest level in more than two years in August, the National Association of Realtors said. Sales rose 7.8 percent to a sea- sonally adjusted annual rate of 4.82 million, the most since May 2010. MON.-FRI. 9:00-6:00 SAT. 9:00-5:00 SUN. 11:00-5:00 Earlier, the government reported that construction of single-family homes in August also was the fastest in more than two years. builders, already up after the construction report, rose sharply after 10 a.m., when the jump in home Stocks of home- Furniture Depot is giving away Free Furniture! you'll receive a FREE $250 gift certificate good toward anything in our store! With any purchase of $1,000 or more, Certificate Gift Encouraging reports about housing lift US stocks Wall Street sales was reported. D.R. Horton Inc. rose 87 cents, or 4.1 percent, to $22.22; Beazer Homes USA Inc. rose 22 cents, or 6.2 per- cent, to $3.75; and KB Home rose 46 cents, or 3.6 percent, to $13.16. The gains for broader stock indexes were muted. At its high for the day, the Dow Jones industrial average was up just 62 points. ''are fantastic news,'' but traders continue to worry about recent discouraging signals this week like downgrades of railroads and a warning from Feder- al Express that the global economy is slowing, said JJ Kinahan, chief deriva- tives strategist for TD Ameritrade, a retail bro- kerage. ''The market is at a bit The housing numbers of a conundrum,'' Kinahan said. ''There are just con- stantly these mixed signals about what's going on.'' The Dow closed up 13.32 points, or 0.1 per- cent, at 13,577.96. The Dow is just a 4 percent rally shy of its all-time high of 14,164, reached Oct. 9, 2007. The Standard & Poor's 500 index rose 1.73 points, or 0.1 percent, to 1,461.05. Telecom and consumer discretionary stocks added the most among the industry groups in the S&P 500 index. Energy stocks suffered as the price of oil fell $3.31, or 3.5 percent, to $91.98 per barrel. Traders are questioning whether economic growth is strong enough to justify a recent run-up to $100 per barrel. Crude is down 7 percent this week. index rose 4.82 points, or 0.2 percent, to 3,182.62. The Nasdaq composite 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 9/30/12 S for your support over the last 18 years Gold Exchange facebook.com/redbluffgoldexchange 413 Walnut Street Red Bluff www.redbluffgoldexchange.com 528-8000 TARTS FRIA September 21st thru September 30th Open Mon-Sat 8-5, Sun 10-4 Annual Fall Plant Sale Wyntour Gardens 40% Off ALL PLANTS Limited to stock on hand. Not good with any other offer. No returns, exchanges or guarantees on sale items. Planted containers not included. from 1-gallon to our largest trees! ALL SALES FINAL 8026 Airport Road, Redding I-5 North, Exit #637, Rt. on Knighton, Rt on Airport Located 1 mile south of the Airport (Next to Kents Mkt) WYNTOUR GARDENS 365-2256 "Fall is for Planting" Open Mon-Sat 8-5 & Sunday's 10-4 wyntourgardens.com Facebook DY