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8B – Daily News – Wednesday, April 7, 2010 The Dow Jones industrial average edged close to the 11,000 mark but failed to cross it for a second day. The Dow ended down about 4 points, while broad- er indexes rose. Interest rates fell after rising on Monday. For a second day, the Dow rose to within about a dozen points of the psycho- logical milestone of 11,000 before retreating. It hasn't Barber Shop $ Cheers 600 Senior Cuts Open 6 days 9-6 570-2304 259 S. Main St. Tractor Supply Center Stocks wander on thin news; Dow stays below 11,000 Wall Street NEW YORK (AP) — been above that mark in 18 months. Shares of regional banks Regions Financial Corp. and SunTrust Banks Inc. rose following upbeat comments from analysts. Tech stocks were mixed after business software company CA Inc. said earnings for the year will come in at the lower end of its forecast. CA also said it would cut 1,000 jobs, or about 8 percent of its 8th Annual FIBER ON THE FOOT May 1-2 • 9 to 5 Fiber Livestock Festival Family fun Handcrafter’s Paradise Plus 6 other events at the TDFG www.fiberonthefoot.com Now Available Organic & Heirloom Spring Vegetable Plants 1 1/2 miles South of Red Bluff 12645 Hwy 99E (530) 529-2546 work force. Massey Energy Co. fell more than 11 percent after an underground explosion Monday afternoon blamed on methane gas killed 25 coal miners about 30 miles south of Charleston, W.Va. Four others were missing Tuesday following the explosion about 1.5 miles from the entrance to Massey's Upper Big Branch mine. It was the worst U.S. mining disaster since 1984. The stock market rose to its best levels of the day in afternoon trading when the release of minutes from the Federal Reserve's last meet- ing signaled that policymak- ers are more upbeat about the economy. Analysts said, however, that the minutes contained few surprises. The quiet trading came as investors looked for clues about whether the market could continue its upward march. Stocks have been ris- ing for 13 months but have made steadier advances since February following reports that signal the econ- omy is improving. The Dow has risen for each of the past five weeks, its longest win- ning streak since mid-April last year. "It's no longer a question of 'Is the recovery under way?' It's a question of the China Buffet CHINESE RESTAURANT 10% OFF TOTAL BILL with coupon Expires 4-30-10 COUPON Open 7 Days A Week LUNCH Buffet Adult: $6.99 Mon-Sat. 10:30am-3:30pm DINNER Buffet Adult: $9.99 Mon-Thurs 3:30am-9:30pm Fri-Sat 3:30-10:30pm Carry-Out Buffet Lunch $3.50 / Lb. • Dinner $4.50 / Lb. All Seafood $6.50 / Lb. SUNDAY $ Buffet 10.99 All Day DRINKS with coupon FREE Expires 4-30-10 COUPON 343 S. Main St. Red Bluff 530-529-5888 (No Checks) pace of the recovery," said Paul Ballew, chief econo- mist at Nationwide Insur- ance in Columbus, Ohio. Companies will begin reporting earnings for the January-March quarter next week so traders will have a better sense of whether the recent climb in stocks is jus- tified. The Dow fell 3.56, or less than 0.1 percent, to 10,969.99. It was only the Dow's sixth drop in the past 27 trading days. The Standard & Poor's 500 index rose 2.00, or 0.2 percent, to 1,189.44. The index is at an 18-month high. The Nasdaq composite index rose 7.28, or 0.3 per- cent, to 2,436.81. The index ★★ stands at its best level since August 2008. Bond prices rose, push- ing yields lower. The yield on the benchmark 10-year Treasury note fell to 3.96 percent from 3.99 percent late Monday. The 10-year yield climbed above 4 percent during trading Monday for the first time since June. It is approaching levels not seen since October 2008. A rise in rates signals in part that investors feel more comfortable about the recovery. That is hurting demand for safer holdings like Treasurys. However, a jump in borrowing costs could slow the rebound by driving up borrowing costs. The dollar rose against other major currencies. Gold rose. Crude oil rose 22 cents to $86.84 per barrel. AMERICAN SELF-STORAGE ★ 64 Mulberry Ave., Red Bluff • 527-1755 • Fully Fenced • Onsite Manager • Well Lit Property website: www.americanselfstorage.biz • RV & Vehicle parking now available $ 25 $ $ 1ST COUPON THREE MONTHS 8x10 units only Special rates on all unit sizes per month $ $ Everyone’s Talking about it... TEHAMA BEAT 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 COMMUNITY EVENTS ART SHOWS WINE TASTING SALES SPORTS EVENTS SPORTS FREE CONCERTS FREE FESTIVALS