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8B – Daily News – Thursday, April 22, 2010 MON.-FRI. 9:00-5:30 • SAT. 9:00 -5:00 • CLOSED SUNDAYS FURNITURE DEPOT MATTRESS NEW YORK (AP) — The stock market stalled Wednesday after the glow of strong results at Apple Inc. and a few other com- panies faded. The Dow Jones indus- trial average rose about 8 points, while broader indexes were mixed. Technology and indus- trial shares drew buyers after Apple Inc. and Boe- ing Co. delivered results that topped expectations. Health care stocks lagged on concerns that new health care laws will hurt the industry’s profits. Financial stocks also fell after traders speculated on the fallout from a potential overhaul of government regulations. The good news on earn- ings wasn’t enough to give the market much of a lift. Analysts caution that investors are starting to become accustomed to better earnings so even stellar numbers might not inject energy into stocks. ‘‘This market is over- bought and it really does need a little bit of a pull- back. We’re priced for per- fection,’’ said Burt White, MON.-THURS. 9:00-6:00 • FRI. 9:00-7:00 • SAT. 9:00-5:00 • SUN. 11:00-5:00 NORTH VALLEY 235 So. Main St., Red Bluff 527-1657 632 Main St., Red Bluff 527-5837 chief investment officer for LPL Financial in Boston. Some selling could come Thursday after a profit forecast from eBay Inc. disappointed investors after the closing bell. Shares of the online auc- tion company fell 8 per- cent in after-hours elec- tronic trading. Futures con- tracts for technology-dom- inated Nasdaq 100 index fell 0.3 percent after eBay’s report. Apple’s earnings blew past analysts forecasts thanks to strong sales of iPhones, sending its stock up 6 percent. Apple was the latest in a string of technology companies to report improving profits as the economy recovers. Industrial stocks rose after Boeing’s first-quarter profit was stronger than expected and the aircraft maker said it plans to deliver its 787 by the end of the year. The stock rose 4 percent. United Tech- nologies Corp.’s profit jumped and the parent of Otis elevators and Siko- “Come in and be treated like family” Girlfriends Day May 22nd Treating five Lucky Ladies and their girlfriend for a Special Day. Come in between 4/19 - 5/10 to NOMINATE a lady in your life that deserves a day just for her. The day will include a pedicure, a scrumptious meal and wine tasting and the movie Mama Mia at the State Theatre. Nominate a friend for Girlfriends Day and receive an additional 10% off on Sale 30% off 4/19-5/10 All Jewelry • Musical Instruments • Tools • Coins excluded The Gold Exchange ENTIRE STORE 528-8000 413 Walnut St., Red Bluff Monday - Friday 10am-5:30 pm • Saturday. 11 am-4 pm FRIDAY, MAY 7TH 10 DAMON AVE, RED BLUFF 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 ! rsky Aircraft raised the lower end of its profit fore- cast. United Technologies climbed about 4 percent. Boeing and United Tech- nologies are both among the 30 stocks that make up the Dow industrials. Economic concerns eclipsed some of investors’ enthusiasm over the improved earnings. Traders grew cautious after Greece’s borrowing costs jumped to record highs. Government offi- cials in the debt-strapped country have begun dis- cussions about the terms of a bailout plan from other eurozone countries and the International Monetary Fund. There is concerns that debt problems in Greece could spill over to other countries and jeopar- dize a recovery. Investors also looked to Washington for insights into a proposed overhaul of the nation’s financial regu- lations. There is concern among traders that the wrong mix of rule tighten- ing could hamper profits at large financial companies. President Barack Obama ●●●●●●●●●●●●●●●●●●● Mattress Sets & Adjustable Bed Stocks muddled as glow from Apple results fades Wall Street billion shares, compared with 5.3 billion Tuesday. Bond prices were mixed. The yield on the benchmark 10-year Trea- sury note, which moves opposite its price, fell to 3.74 percent from 3.80 percent late Tuesday. The dollar was mixed against other major curren- cies, while gold rose. Crude oil 17 cents to settle at $83.68 per barrel on the New York Mercan- tile Exchange. Apple rose $14.63, or 6 percent, to $259.22. The stock topped its previous record of $251.14 set Fri- day. plans to speak in New York City on Thursday to push for new restrictions. The stock market has been rising for 13 months since major stock indexes hit 12-year lows. For more than two months there have been few interrup- tions in the advance. Many analysts say some break is needed to keep stocks from getting overheated. The Dow rose 7.86, or 0.1 percent, to 11,124.92, Barber Shop $ Cheers 600 Mike’s Pools and More! is now Sunplay Pools 530 527-3262 www.sunplaypoolsinc.com and Service Celebrates their 11th season with a NEW NAME! Join us for our Senior Cuts Open 6 days 9-6 570-2304 259 S. Main St. Tractor Supply Center 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 its third straight advance. The Dow has risen nine of the past 10 days. The broader Standard & Poor’s 500 index slipped 1.23, or 0.1 per- cent, to 1,205.94. The Nasdaq composite index rose 4.30, or 0.2 percent, to 2,504.61. About three stocks rose for every two that fell on the New York Stock Exchange, where consoli- dated volume came to 5.7 Wells Fargo & Co. fell 68 cents, or 2 percent, to $33.01 after its earnings slipped on soured con- sumer loans. The Russell 2000 index of smaller companies rose 4.64, or 0.6 percent, to 726.19. 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