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.


64° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Friday Morning Business Brief

September 28, 2012, 5:52 AM

Friday Morning Business Brief

Stocks are coming off their first gain of the week. The Dow Jones industrial average rose 72 points yesterday to 13,486. The S&P 500 was up 14 to 1,447. The Nasdaq composite index added 43 to 3,137. Heading into the final session of the week, the key averages are down between 0.7 and 1.4 percent. Futures trading suggest a flat opening today.

  • International stock markets rose today after Spain announced severe budget cuts meant to show international lenders and investors that the country is taking steps toward getting its debt under control. Benchmark crude oil rose above $92 per barrel. The dollar fell against the euro and the yen.
  • Earlier this week, we heard that consumer confidence had risen this month. We'll find out today whether spending has seen any improvement lately. The Commerce Department releases personal income and spending for August.
  • Spain is set to reveal how much trouble its banking system is in when it releases the results of audits of 14 lenders today. The results will also help the country decide how much money it will tap from a $128 billion loan facility to prop up the country's financial sector.
  • The U.S. Postal Service is about to miss another big payment. Postmaster General Patrick Donahoe says the agency will be forced to miss the $5.6 billion payment due to the Treasury on Sunday, its second default in as many months. The Congressional assistance the service has been requesting for more than a year is on hold at least until Congress comes back after the elections.

For the latest local business news, visit the Back to Business page of KELOLAND.com.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

First DTSF Incubator Store Open For Business

7/23/2014 6:30 AM

605 Running Co., 124 S. Phillips Avenue, just opened its doors on Friday. It's a big grand opening for the store, but also for Downtown ...

Full Story | Watch
Fruit From Walmart And Costco May Be Contaminated

7/22/2014 11:23 AM

A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concern...

Full Story
Third Walmart Preparing To Open In Sioux Falls

7/22/2014 6:10 PM

Sioux Falls latest Walmart store is preparing to open in just a few weeks.

Full Story
Lance Armstrong Is Grand Marshal For Sturgis Ride

7/21/2014 3:02 PM

Dethroned cyclist Lance Armstrong has been named the official grand marshal of the mayor's ride to kick off the Sturgis Motorcycle Rally.

Full Story
Deciding When To Collect Social Security

7/22/2014 10:10 PM

78 million Baby Boomers are retiring or preparing to retire.  The question they all face is when to draw their Social Security benefits. 

Full Story | Watch


Events