User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


55° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Find local businesses
on the KELO Pages!

 

Afternoon Business Brief

September 19, 2008, 3:35 PM

Afternoon Business Brief

Wall Street closed out a tumultuous, historic trading week with strong gains. Investors sent financial stocks up sharply on news of the government's rescue plan for the industry. The key averages ended little changed from a week ago, but the journey was a wild one.

  • Based on preliminary data, the Dow today gained nearly 369 points to 11,388.  The S&P rose 48 points to 1,254. And the Nasdaq composite surged about 75 points to 2,273.

  • Advancing issues had a nearly 7 to 1 lead over decliners. NYSE volume came to 8.6 billion shares. Nasdaq stock market volume was 3.8 billion shares.

  • The federal government has announced actions designed to stand behind $2 trillion of assets in money market funds, which had seen some threat this week from massive redemptions. The Treasury plans to tap a $50 billion fund created during the Depression to provide guarantees for the money market assets.

  • There's some good news for seniors looking to make ends meet. The monthly premium for most elderly and disabled covered by Medicare will hold steady at $96.40 next year.

  • General Motors is recalling more than 42,000 Saturn Vue crossovers because of a risk of engine fire from a fluid leak. The recall involves vehicles from the 2008 and 2009 model years. GM says there have been four reports of fire, but no injuries.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

You may also like

Parker Teen Dies In One Vehicle Crash

4/12/2014 10:18 AM

16-year-old Tonya Anderson from Parker, SD died in a one vehicle crash west of Sioux Falls on Highway 42 on Friday.

Full Story
Woman Killed In Sioux Falls Home

4/16/2014 6:01 PM

Sioux Falls police are investigating a murder in the southwest part of the city.

Full Story
SF Woman Dies In Crash Near Brookings

4/12/2014 10:34 AM

A Sioux Falls woman died in a two vehicle crash on I-29 south of Brookings.

Full Story
SF Murder Victim Stabbed, Suspect Got Pills

4/17/2014 10:12 AM

Sioux Falls Police have released the names of the suspect and victim in the city's second homicide of 2014.

Full Story
Missing Girls Case Update On Tuesday

4/15/2014 7:15 AM

Authorities plan to release an update on the investigation into the 1971 disappearance of two South Dakota girls.

Full Story


Events

 
 
KELOLAND TV: 501 S. Phillips Avenue, Sioux Falls, SD 57104
Phone: 605.336.1100 · Breaking News call: 1-800-888-5356
Web Site Design and Custom Programming By: Lawrence & Schiller© 2014 KELO-TV -- KELOLAND.COM -- ALL RIGHTS RESERVED