Issue link: https://www.epageflip.net/i/8510
8B – Daily News – Wednesday, March 31, 2010 NEW YORK (AP) — The stock market moved closer to closing out anoth- er strong quarter with a modest advance Tuesday. The Dow Jones industri- Stocks waver after upbeat economic data Tuesday Wall Street al average added 12 points for its fourth straight gain following a rise in technol- ogy stocks. Apple and Ver- izon jumped after The Wall Street Journal reported that Apple was making phones that could be used on Veri- zon’s network. With one day left in the January-March quarter, the Dow has gained 4.6 per- cent for the period. The index is on track for its best first-quarter performance since 1999. Stocks have now had a nearly unbroken advance since early March of last year. The Dow made an even larger leap of 7.4 per- cent in the fourth quarter. The mood in the market COMING THIS FRIDAY! OFFICIAL PROGRAM Your guide to all of the local events leading up to Round-Up weekend itself! What’s happening when, from the Cowboy Coffee on Thursday, April 8 through the final day of Round-Up on Sunday, April 18. You’ll want to keep it to refer to again and again! A SPECIAL INSERT TO.... D NEWSAILY Friday, April 2 RED BLUFF TEHAMACOUNTY was upbeat Tuesday after a report that consumer confi- dence grew more than expected in March. A sepa- rate report showed home prices inched higher for the eighth consecutive month. Analysts expect trading to be erratic Wednesday because of the end of the quarter. Money managers often engage in what’s known as window dress- ing, or trades intended to boost returns on reports sent to shareholders. Many investors refrain from big moves. Tuesday’s volume was light as many traders took the day off for Passover or ahead of East- er. A steady climb in stocks over the past two months could give investors rea- sons to collect some prof- its. The Dow has risen 19 of the past 23 days and is now at its highest level since September 2008. ‘‘A bout of profit-taking would be normal and expected after the rise we had,’’ said Mitch Schlesinger, managing director of FBB Capital Partners in Bethesda, Md. The day’s economic reports provided new evi- dence that the economy is improving, albeit slowly. The Conference Board, a private research group, said its consumer confi- dence index rose to 52.5 in March, from 46.4 last month. Economists polled by Thomson Reuters had forecast it would rise to 50. A reading above 90 means PUMPKINLAND Chocolate Company Complete line of Sweets & Holiday Candy made by the Chocolatier Call for availability of you pick .89¢ lb Asparagus /we pick $ 139lb 12000 Hwy. 99E (6 miles South of Red Bluff) 530 527-3026 Open daily 10am-6pm Closed Easter Sunday as 44 points in morning trading. The Standard & Poor’s 500 index rose 0.05, or less than 0.1 percent, to 1,173.27, while the Nas- daq composite index rose 6.33, or 0.3 percent, to 2,410.69. Advancing stocks nar- the economy is on solid footing. Analysts hope that increased confidence will lead consumers to spend more. ‘‘We’re starting to see consumers come back in an adequate manner,’’ said Larry Rosenthal, president of Financial Planning Ser- vices in Manassas, Va. ‘‘Not strong, but ade- quate.’’ The Dow rose 11.56, or 0.1 percent, to 10,907.42. The Dow was up as much Barber Shop $ Cheers 600 Everyone’s Talking about it... TEHAMA BEAT Senior Cuts Open 6 days 9-6 570-2304 259 S. Main St. Tractor Supply Center Now Enrolling Children Recently expanded and moved near Bidwell Elementary License # 525405817 (530) 209-8743 My qualifications include: B.A. in Elementary Education and experience teaching grades K-8. Accepting state pay programs & cash pay, etc. rowly outpaced those that fell on the New York Stock Exchange, where consoli- dated volume came to 4.1 billion shares compared with 4.4 billion Monday. Bond prices were little changed. The yield on the benchmark 10-year Trea- sury note, which moves opposite its price, fell to 3.86 percent from 3.87 per- cent late Monday. The dollar rose against most other major curren- cies. Gold fell. Crude oil rose 20 cents to $82.37 per barrel on the New York Mercantile Exchange. The Russell 2000 index of smaller companies rose 1.69, or 0.3 percent, to 683.94. ●●●●●●●●●●●●●●●●●●● St. Elizabeth Community Hospital A member of CHW 1 in 8 women risk the chance of breast cancer 1 in 36 breast cancer victims will die St. E’s can help in the prevention and diagnosis of the tragic disease Red Bluff Round Up has joined the Wrangler National Finals Rodeo in the Tough Enough To Wear Pink fundraising effort. Join us April 18th in the fight against breast cancer. For tickets call 530.527.1000 Le t e v e r y o n e k n o w ab o u t y o u r e v e n t OR Kn o w wh a t ’ s h a p p e n i n g Check out Tehama Beat @ www.redbluf fdailynews.com St. Elizabeth Community Hospital redbluff.mercy.org 2550 Sister Mary Columba Drive, Red Bluff, CA 96080 Communities in the North State Service Area of Catholic Healthcare West (CHW) are served by St. Elizabeth Community Hospital in Red Bluff, Mercy Medical Center Redding and Mercy Medical Center Mt. Shasta COMMUNITY EVENTS ART SHOWS WINE TASTING SALES SPORTS EVENTS SPORTS FREE CONCERTS FREE FESTIVALS