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.


63° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Monday Morning Business Brief

June 23, 2014, 5:37 AM

Monday Morning Business Brief

Two of the three major stock indexes are in record territory as a new trading week begins. Both the S&P 500 index and the Dow Jones industrial average hit record highs on Friday. The S&P rose three points to close at 1,962. The Dow added 26 points to 16,947, as it inches toward the 17,000 mark. The Nasdaq composite gained nine points to 4,368. Futures suggest a flat opening.

  • Australian shares rose today but other international stock markets were mixed amid concerns about widening turmoil in Iraq. HSBC's preliminary purchasing managers' index showed activity in China's huge manufacturing sector expanded for the first time this year, an encouraging sign for Australia. Benchmark crude oil rose above $107 per barrel. The dollar slipped against the yen and strengthened against the euro.
     
  • There's a great deal of housing data for investors to digest this week. Today, the National Association of Realtors will report May's existing home sales. Tomorrow, the Commerce Department will report new home sales for May and Standard & Poor's will release the S&P/Case-Shiller index of home prices for April.
     
  • A contract expiration date looms for nearly 20,000 workers at West Coast ports and it's making business owners anxious. Contentious issues include benefits and job security. Cargo for the back-to-school and holiday seasons begins to arrive soon. Negotiators on both sides say talks will likely continue beyond the June 30 deadline and West Coast ports are no stranger to labor unrest.
     
  • Wilcox County, Alabama has the state's highest unemployment rate, but it's getting help from a company in China. The Golden Dragon Precise Copper Tube Group in Henan Province has opened up a plant in Pine Hill, Alabama, and the company will employ more than 300 people. What's happening in Pine Hill is starting to happen across America. The research firm the Rhodium Group says more than 70,000 Americans work for Chinese companies who've invested in the U.S.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Yankton Teenager Files Discrimination Charges

9/24/2014 3:08 PM

With the help of the ACLU, a Yankton teenager has filed discrimination charges with the U.S. Equal Employment Opportunity Commission. 

Full Story
New Kind Of Pizza Restaurant In Sioux Falls

9/24/2014 10:55 AM

A build-your-own pizza restaurant is in the works in downtown Sioux Falls.  

Full Story
Jimmy John's Says Customers' Card Data Stolen

9/24/2014 4:00 PM

Jimmy John's sandwich chain said Wednesday that it believes customers' credit card data was stolen from 216 of its shops between June and Sept...

Full Story
Latest SF Walmart Lawsuit Dismissed

9/30/2014 11:48 AM

A lawsuit filed by opponents of a south side Sioux Falls Walmart has been dismissed.

Full Story
Chicago Fire Rerouting Travelers In Sioux Falls

9/26/2014 11:25 AM

A fire in Chicago has grounded flights in Sioux Falls and across the country.

Full Story


Events