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.


34° 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.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Friday Morning Business Brief

October 19, 2012, 5:53 AM

Friday Morning Business Brief
  • Traders hope to end the week on a positive note after stocks lost ground across the board yesterday. The Dow Jones industrial average begins the day at 13,550 after losing eight points yesterday. The Standard and Poor's 500 index fell three points and stands at 1,457. The Nasdaq Composite index lost 31 points and begins the day at 3,073. It was dragged lower by an eight percent drop in Google, its third-largest component.
  • Overseas stocks have been falling today, as disappointing U.S. corporate earnings prompt investors to book profits on recent gains. Investors are also looking for a progress report on Europe's debt crisis from the EU summit. Oil prices are also lower.
  • European leaders meeting in Brussels say they have taken a step towards creating a banking union. They're setting up a single supervisor for banks in countries that use the euro. However, details over when it will be up and running have yet to be ironed out.
  • There's only one piece of economic news set for release today. The National Association of Realtors issues its monthly report on the sale of previously owned homes. Analysts are looking for sales to come in at an adjusted annual rate of around 4.7 million.
  • It's been a tough year for apple growers in the Northeast and Midwest, but a boom year for Washington state. Warm spring weather in states like New York and Michigan tricked apple trees into budding too soon, and production is down as much as 90 percent in some places. On the other hand, Washington is having a near record harvest, and growers there are expecting higher demand and prices for their produce.

Find more business stories on the Back To Business page

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

First Look At Badlands Pawn

1/20/2015 3:29 PM

Dollar Loan Center owner Chuck Brennan is releasing the first images of the design for Badlands Pawn, Gold & Jewelry.

Full Story
Rock Stars To Celebrate Pawn Shop Ground Breaking

1/23/2015 11:15 AM

Bret Michaels and Lita Ford will perform at the District on Wednesday, Jan. 28 to celebrate the ground breaking of Badlands Pawn.

Full Story
Wild Sage Grille Changing Ownership

1/20/2015 11:09 AM

While the new owners are not ready to announce yet, Gellerman says they will be remodeling the restaurant to make it their own.

Full Story
Long John Silver's Building To Become Taco Shop

1/23/2015 4:00 PM

The former Long John Silver's on Minnesota Avenue is going to become a Mexican fast food restaurant.  

Full Story
Keg Chicken Back Open In SF

1/21/2015 9:12 PM

A fried chicken favorite is back in Sioux Falls.

Full Story


Events