User uShare 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.

29° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options



 Winter Storm for November 30, 2015

Snow Outlook

Severe Weather

State Radar

Click here for local closings & delays

Send photos to

Storm Center Update



[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Monday Morning Business Brief

August 20, 2012, 5:40 AM

Monday Morning Business Brief

Stocks rose slightly on Friday after positive news from retailers like Gap and Ann Inc. The Dow Jones industrial average rose 25 points to close at 13,275. The Standard & Poor's 500 index rose almost three points to close at 1,418. And the Nasdaq rose 14 points to close at almost 3,077. For the week, the Dow was up 67 points. Futures trading suggests a slightly higher opening today.

  • International stock markets fluctuated in lackluster trading today as investors remained cautious ahead of a crucial week for Greek leaders as they try to show European partners that progress is being made in implementing reforms and austerity measures. Benchmark crude oil rose to hover above $96 per barrel. The dollar fell against the euro and the yen.
  • A couple of reports on home sales are due out later this week. On Wednesday, the National Association of Realtors reports on existing home sales for July. On Thursday, the Commerce Department releases new home sales for July. Also this week, the Commerce Department releases durable goods for July on Friday. Tomorrow, the Federal Reserve releases minutes from its July interest-rate meeting.
  • Gas prices across the country continue to climb above year-ago prices, a trend that began last week after more than 100 days of holding below 2011 prices. Triple-A says the national average price for a gallon of regular gas is $3.72. This price is 5 cents more than one week ago and 29 cents more than one month ago. It's also 14 cents more expensive to pump gas than last year at this time.
  • A top European Central Bank official says the negative consequences in the rest of Europe if Greece left the eurozone would be serious. The ECB executive board member says a Greek exit would be manageable, but also very costly, with higher unemployment across the continent. The German and Greek foreign ministers meet today.

Previous Story

Next Story



View business

You may also like

Board Of Education Member Had Multiple Contracts With State

11/23/2015 6:05 PM

That means in addition to her state salaries at USD and Northern State, Duncan earned an additional $124,000 in contracts from the Department of Educa...

Full Story | Watch
Fired GEAR UP Worker Defends Stacy Phelps

11/24/2015 6:05 PM

When the state pulled its multi-million dollar GEAR UP contract from Mid Central Educational Co-Op in September, all the current GEAR UP workers were ...

Full Story | Watch
Bison Ranch Owner By Turner Gets Permit For Feedlot Addition

11/25/2015 1:35 PM

Stanley County commissioners have approved a feedlot at a bison ranch owned by media mogul Ted Turner.

Full Story
Some Black Friday Deals Are Not Deals

11/23/2015 4:51 PM

Recent research found just because something is called a doorbuster doesn't mean it's significantly discounted.

Full Story
City Of Sioux Falls Buying Homes In Area that Floods

11/24/2015 6:05 PM

Homeowners have the option to voluntarily sell their house if they are concerned about flooding or if they have had problems with flooding. By tearing...

Full Story | Watch