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.


63° 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!

 

Most Popular Today


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




 
Find Local Businesses on KELO Pages!

View business

You may also like

Former Sioux Falls Executive Investigated For Animal Abuse

8/28/2014 4:15 PM

A former Hot Stuff/Orion Foods President is being investigated for dog abuse in Canada.

Full Story
Westward Ho Country Club Changes Name

8/28/2014 12:56 PM

The Westward Ho Country club in Sioux Falls is changing its name to The Country Club of Sioux Falls.  Members were notified of the change on Thur...

Full Story
Cattle Spooked By LifeLight Noise

8/30/2014 3:58 PM

Farmers say the annual music event is louder this year, and it's causing some problems with their cattle.

Full Story
Sanford And First PREMIER Bank Hosting Concert For Employees

8/29/2014 11:30 AM

Employees from two Sioux Falls employers have an opportunity to see a private concert with two country headliners at the Denny Sanford PREMIER Center.

Full Story
Car vs Bus Crash Injures Two Teens

8/26/2014 6:00 PM

Two Iowa teenagers are hospitalized after colliding with a school bus early Tuesday morning.  It happened just east of Inwood on 240th Street at ...

Full Story | Watch


Events