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.


76° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

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!

 

Monday Evening Business Brief

August 22, 2011, 4:46 PM

Monday Evening Business Brief
Stocks posted modest gains to begin the week. The Dow Jones industrial average, which was up as many as 200 points during the session, gained 37 to close at 10,854. The Nasdaq rose four points to 2,345, and the S-and-P 500 was up fractionally at 1,124.
  • Gold prices continued to climb on concerns about what's ahead for the global economy. The price of an ounce of gold rose $39.80 on the New York Mercantile Exchange, to $1,888.80 an ounce.
  • The dollar traded in a tight range ahead of a key speech later this week by Federal Reserve Board Chairman Ben Bernanke. Analysts say traders are waiting to see if he hints at any new steps to boost the lagging economy.
  • Oil prices were mixed worldwide as analysts pondered how long it will be before Libya begins producing crude again. The price rose $1.86 to $84.12 a barrel on the New York Mercantile Exchange. This came after a 26 cent drop in European trading. Traders who play the international oil markets, anticipating that the price of european crude would keep falling, wanted more U.S. oil.
  • IPOs are MIA. The double digit drop in the major stock indexes has prompted 17 companies to scrap plans for initial public offerings this month. That's the most in more than two and a half years. There have been only four IPOs this month.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

You may also like

Body Identified: No Foul Play Suspected

7/22/2014 8:56 PM

No foul play is suspected in the death of 64 year-old Susanna K. Bannwarth. The Fulton woman was reported missing Monday morning. Her body was f...

Full Story
Two People Go To Hospital Following Fight

7/28/2014 11:30 AM

Sioux Falls Police say a large fight behind the Best Buy store on 41st Street landed two people in the hospital early Sunday morning.

Full Story
Car Versus Bike Crash Near 41st And Marion

7/23/2014 4:39 PM

A car versus bike crash happened at the intersection of 41st Street and Larch Avenue.

Full Story
Missing Woman Located

7/23/2014 6:19 PM

Tori Jean Bruggeman has been located by police. Authorities are working to get her reunited with family.

Full Story
Police Looking For Sioux Falls Woman

7/23/2014 5:06 PM

There is a search underway for a missing 31-year-old woman.

Full Story


Events