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.


40° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Winter weather returns early this week.  Storm Center Update

 

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




Sponsored
Find Local Businesses on KELO Pages!

You may also like

Dominic Fischer Found Dead During Search

12/17/2014 12:07 PM

Searchers discovered the body of Dominic Fischer in a field on Wednesday.

Full Story
Alexis Vanbochove Has Passed Away

12/17/2014 10:47 AM

According to her family, 4-year-old Alexis Vanbochove passed away early Wednesday morning.

Full Story
Rapid City Police Search For Three Men Following Violent Home Invasion

12/17/2014 8:20 PM

Rapid City Police are searching for three suspects after a violent home invasion Wednesday afternoon.

Full Story
Man Missing After Vehicle Slides Into Ditch

12/16/2014 9:50 PM

Dominic Fischer was one of three people in a vehicle that slid into a ditch due to bad road and weather conditions, several miles north east of M...

Full Story
Pierre Teenager Convicted Of Murder Is Sentenced

12/16/2014 3:45 PM

A Pierre teenager convicted of killing a classmate in 2012 has been sentenced.

Full Story


Events