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.


73° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Find local businesses
on the KELO Pages!

 

Monday Morning Business Brief

April 14, 2014, 6:20 AM

Monday Morning Business Brief

Investors are worried about earnings growth in a number of sectors of the economy. That drove the stock market lower Friday. The Nasdaq dropped 54 points, or 1.3 percent, to 3,999. It was only the second time this year the index has closed below the 4,000 mark. The Dow fell 143 points to 16,026 on Friday. The S&P 500 lost 17 points, closing at 1,815. Futures point to a negative start to the week.
 

  • International stock markets fell today following two days of U.S. declines and forecasts of lower American corporate profits. The declines came after investors drove U.S. markets lower for a second day Friday due to anxiety that earnings growth was faltering. Benchmark U.S. crude oil rose to near $104.50 a barrel. The dollar gained against the euro and the yen.
  • Investors will have two government reports to look at today. The Commerce Department will release retail sales data for March and business inventories for February. Also, Citigroup will be reporting its first quarter financial results before the market opens.
  • This is the week of the income tax deadline -- in fact it's tomorrow night. But there's also some good news. Millions of tax filers can take comfort in the fact that their chances of getting audited are lower than they have been in years. Budget cuts and new responsibilities are straining the Internal Revenue Service.
  • Entrepreneurs and investors say Silicon Valley's fast-growing financial ties with Russia's tech sector are being slowed down by current political tensions between the White House and the Kremlin. In recent years, there's been a flurry of investment, largely sparked in 2010 when then-Russian President Dmitry Medvedev visited the region and met with high-tech leaders.

 

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View news

You may also like

SUV Driver Ticketed Following Deadly Crash

8/18/2014 11:35 AM

Sioux Falls Police have ticketed a 26-year-old driver for her involvement in a deadly bicycle crash last month.

Full Story
Charges Filed After Baby Hurt At Day Care

8/19/2014 11:13 AM

A Sioux Falls day care provider faces charges after a child in her care was hospitalized.

Full Story
Illinois Man Found Dead In The Black Hills

8/17/2014 11:30 AM

Authorities say a 23-year-old Illinois man who was reported missing in early August was found dead in the Black Hills National Forest.

Full Story
Wife Reveals Robin Williams Had Parkinson's Disease

8/14/2014 1:25 PM

Susan Schneider, wife of Robin Williams, says the late actor was in the early stages of Parkinson's Disease, along with battling depression and an...

Full Story
Father In NW Iowa Murder Case Died Of Natural Causes

8/20/2014 9:44 AM

Autopsy results are back on a northwest Iowa man who was found dead along with his wife in July.

Full Story


Events