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.


90° 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!

 

Morning Business Brief

April 18, 2011, 5:58 AM

Morning Business Brief
Wall Street had modest losses last week, with the key averages slipping between 0.3 and 0.6 percent. In Friday trading, the Dow was up 57 points to 12,342. The S&P rose 5, while the Nasdaq composite added 4 points.
  • World stocks sank today. In early trading, Britain's FTSE 100 was 0.4 percent lower, Germany's DAX slipped 0.7 percent and France's CAC-40 was down 0.9 percent. Japan's Nikkei fell 0.4 percent, Hong Kong's Hang Seng dropped 0.7 percent and South Korea's Kospi slipped 0.1 percent. Wall Street is headed to a lower opening, with Dow Jones industrial futures off 0.5 percent and S&P 500 futures down 0.6 percent.
  • Oil prices fell to near $109 a barrel today in Asia as gasoline jumped to average $4 a gallon in six U.S. States and the District of Columbia. Benchmark crude for May delivery was down 62 cents at $109.04 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose $1.55 to settle at $109.66 on Friday.
  • Saudi Arabia's oil minister says the global oil market is oversupplied, dampening hopes OPEC will soon boost its output in an effort to bring down prices. Ali Naimi says Saudi Arabia cut daily output to 8.3 million in March from 9.1 million barrels in February because of excess supply. He says output will likely rise again in April.
  • An analysis of tax data from 2009 shows that U.S. tax laws are filled with $1.1 trillion in deductions, credits and exemptions. That's an average of about $8,000 per taxpayer. And it shows the biggest breaks are deductions for state and local income taxes, sales and personal property taxes, the child tax credit and the home mortgage interest deduction.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

You may also like

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
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
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
Love At Last Sight

8/14/2014 10:05 PM

Most of us take our vision for granted. But what if suddenly you could never see the faces of your loved ones again? What if within just a m...

Full Story | Watch
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