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8B – Daily News – Wednesday, April 21, 2010 NEW YORK (AP) — Stocks resumed their advance after investors got the numbers they wanted from first-quarter earnings reports. The Dow Jones indus- trial average rose 25 points Tuesday for its eighth gain in nine days. Broader indexes posted bigger percentage increas- es after a mixed finish Monday. Investors set aside some concerns about the government’s civil fraud case against Goldman Sachs Group Inc. and looked to profit numbers. Beyond those reports, a Stocks advance on higher earnings, energy prices Wall Street bounce in the price of crude oil after a two-week slide helped energy stocks. Harley-Davidson Inc., industrial equipment maker Illinois Tool Works Inc., and regional bank Marshall & Ilsley Corp. rose after reporting earn- ings. Goldman Sachs said its first-quarter profit nearly doubled on higher trading revenue. However, the stock fell 2 percent on concerns about the com- pany’s legal troubles. ATTENTION LICENSED CONTRACTORS! The Daily News is publishing the 2010 Contractors Guide Tehama County Information provided by the State of California. To confirm your state information or inquire about enhanced or duplicate listings, contact Nadine Souza at 527-2151 x132 or nsouza@redbluffdailynews.com before Monday, May 3, 2010 We have a factsheet that we’ll be happy to email to you. D NEWSAILY RED BLUFF TEHAMACOUNTY Come see us at the Children’s Fair on April 24th Recently expanded and moved near Bidwell Elementary License # 525405817 My qualifications include: B.A. in Elementary Education and experience teaching grades K-8. Accepting state pay programs & cash pay, etc. (530) 209-8743 Tues-Sat 9:30-5:30 A Unique Children’s Boutique Closed 905 Walnut St., Red Bluff twopeasinapod@aol.com Bring in this ad for 10% off 528-1698 Sun.-Mon ! 2 $6.00 Best BBQ Around Cooked Fresh Daily B.B.Q. FAST FRIENDLY SERVICE 5 min. from Main St. Weekdays ‘till 6pm Saturday ‘till 3pm 22825 Antelope Blvd. 528-0799 After the closing bell, Apple Inc. said its first- quarter profit jumped 90 percent after it sold more of its iPhone smart phones. The stock rose about 6 percent in elec- tronic trading after ending the regular session lower. Futures contracts for the technology-heavy Nasdaq 100 index rose 0.6 percent following Apple’s report. James Meyer, chief investment officer at Tower Bridge Advisors in Conshohocken, Pa., said stocks aren’t as likely to leap higher because expectations have risen. ‘‘We all know now that the economy is recovering at a rate that is faster than we thought two or three weeks ago and the market has adjusted,’’ Meyer said. He said that could bring more volatility in the com- ●●●●●●●●●●●●●●●●●●● ing weeks when investors start looking for some- thing else to move the market. Stocks have rocketed higher since major index- es hit 12-year lows more than 13 months ago. Tues- day’s advance extended a streak of steady gains seen in the past two months. Improving economic and earnings reports have given investors more con- fidence that the economy will mount a sustained recovery. The Dow rose 25.01, or 0.2 percent, to 11,117.06. A drop in shares of IBM Corp. following its earn- ings report held the Dow to a more modest advance than other indexes. The Standard & Poor’s 500 index rose 9.65, or 0.8 percent, to 1,207.17. The Nasdaq composite index advanced 20.20, or 0.8 percent, to 2,500.31. Four stocks rose for every one that fell on the New York Stock Exchange, where consoli- down isn’t unexpected. ‘‘We got paid ahead for this earnings period,’’ Stone said. Bond prices were mixed. The yield on the benchmark 10-year Trea- sury note was unchanged at 3.80 percent from late Monday. The dollar was mixed and gold rose. Crude oil for May dated volume came to 5.3 billion shares, compared with 6.6 billion Monday. The Dow rose 73 points Monday after being lower throughout much of the day on concerns about the fallout from the charges against Goldman. Bill Stone, chief invest- ment strategist at PNC Wealth Management in Philadelphia, said the market climbed with little break ahead of the earn- ings reports so a slow- delivery rose $2 to $83.45 per barrel on the New York Mercantile Exchange. Oil has fallen in eight of the past nine trading days since reach- ing $87 per barrel. Disrup- tions to air travel from the volcanic eruption in Ice- land is hurting demand for jet fuel.The Russell 2000 index of smaller compa- nies rose 10.15, or 1.4 per- cent, to 721.55. Britain’s FTSE 100 rose 1 percent, Germany’s DAX index rose 1.7 per- cent, and France’s CAC- 40 gained 1.4 percent. Japan’s Nikkei stock aver- age fell 0.1 percent. 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