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.


59° 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

February 7, 2014, 5:37 AM

Friday Morning Business Brief

Things are looking up for stock investors. All the major stock indexes posted their biggest gains of the year yesterday after the government said fewer people applied for jobless benefits last week. The Dow jumped 188 points, or 1.2 percent, to close at 15,628. The S&P 500 rose nearly 22 points, also 1.2 percent, to 1,773. The Nasdaq gained 45 points, or 1.1 percent, to 4,057. Futures point to gains at this morning's opening.

  • KUALA LUMPUR, Malaysia (AP) - International stock markets were higher today in anticipation of a positive U.S. jobs report for January. Evidence of healthy U.S. job growth would suggest that the world's biggest economy is still expanding solidly enough to support global growth. Benchmark U.S. crude oil fell just below $97.50. The dollar inched upward against the euro and the yen.
  • A government report saying fewer people applied for unemployment last week, combined with a private survey that showed solid U.S. hiring in January are apparently bolstering investors' confidence that today's January jobs report will be positive. Also this afternoon, the Federal Reserve will release December's consumer credit data.
  • Economists surveyed by FactSet are predicting a job creation rebound today when the Labor Department announces January employment statistics. The economists say 170,000 jobs were added, compared to only 74,000 in December. The 6.7 percent jobless rate is expected to stay the same.
  • When President Barack Obama heads to Michigan State University to sign the farm bill today, he'll be bringing a new initiative with him that he hopes will help boost exports. Obama plans to announce the "Made in Rural America" initiative, coupling the bill signing with the announcement of a program to connect rural businesses with federal resources that can help sell their products and services abroad.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

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
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
New Mortgage Rules

7/16/2014 10:10 PM

This year, new mortgage rules went into effect to protect homeowners who are struggling. Potential buyers are also required to get education before en...

Full Story | Watch
First Frozen Yogurt Truck For Franchise In SD

7/17/2014 3:32 PM

People who attend JazzFest can cool down with frozen yogurt from the first Orange Leaf food truck in the nation

Full Story
SF City Council Receives Events Center Update

7/22/2014 3:25 PM

One question some council members are hoping to get answered concerns noticeable rippling on the outside of the building and what's being done to ...

Full Story


Events