Stocks are closing sharply lower today. Traders are worried about escalating tensions over Ukraine. They're also unsettled by poor corporate earnings and a weak indicator for the housing market. The Dow dropped 161 points, or 0.9 percent, to close at 16,976. The S&P 500 fell 23 points, or 1.2 percent, to 1,958. The Nasdaq lost 62 ½ points, or 1.4 percent, to 4,363.
U.S. financial markets have turned lower in afternoon trading, giving back yesterday's gains.
NEW YORK (AP) - Stocks are closing higher following strong earnings results and deal news from big U.S. companies. The gains pushed the Dow Jones industrial average to its second record high close this month. The Dow rose 77 ½ points to 17,138, beating the record high close it set on July 3. The S&P 500 index rose eight points to 1,981. The Nasdaq rose 9 ½ points to 4,425.
Investors hope for a pick up on Wall Street after yesterday's poor finish.
Investors are apparently putting last week's stock market doldrums behind them.
New research names South Dakota the 8th most corrupt state.
Despite a small gain on Friday, U.S. stocks start the week coming off the market's biggest weekly drop since April.
NEW YORK (AP) - U.S. stocks ended with a small gain yesterday, but it wasn't enough to prevent the market's biggest weekly drop since April. Investors became more cautious this week as corporate earnings for the April-June period began trickling in. Worrisome news about a Portuguese bank also revived fears about the European debt crisis. That weighed on stocks, which had closed out the previous week at record highs.
Traders on Wall Street are hoping to end the week on a positive note after yesterday's rough ride.
Three South Dakota restaurants are among more than 3,700 worldwide recognized by a magazine as eateries that offer the best wine selections.
NEW YORK (AP) - Stocks have finished the day lower, but the losses weren't as bad as they were in the opening minutes of trading today. By day's end, the Dow was about 70 points lower -- after falling as much as 180 points in the first half-hour of trading. The sell-off came on news out of Europe about accounting irregularities at a company connected to a major bank in Portugal. The S&P 500 ended the day down eight points, and the Nasdaq composite lost 23 points.
A couple of performers on the pop charts are playing a private concert in Sioux Falls this weekend.
Stocks are bouncing back from heavy losses earlier today.
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