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.


36° 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.

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!

 

Thursday Morning Business Brief

September 22, 2011, 5:45 AM

Thursday Morning Business Brief
Investors decided to sell on the news of the Federal Reserve's announcement yesterday. The Dow ended the session at 11,125 after a decline of 284 points or 2.5 percent. The S&P was down 35 points, while the Nasdaq shed 52 points.
  • World stocks skidded lower today, stung by the Federal Reserve's pessimistic assessment of the U.S. economy. In early trading. Britain's FTSE 100 dropped 3.2 percent, and Germany's DAX stumbled 3.4 percent and France's CAC-40 fell 3.6 percent. Japan's closed 2.1 percent lower, South Korea's Kospi slid 2.9 percent and Hong Kong's Hang Seng was down 4.9 percent.
  • Oil prices plunged to near $83 a barrel Thursday in Asia, extending losses from the previous session after the U.S. central bank warned that already weak economic growth could deteriorate further. Benchmark oil for November delivery was down $2.52 at $83.40 at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. Crude dropped $1.00 to settle at $85.92 on Wednesday.
  • The Labor Department this morning releases new claims for unemployment benefits. Also today, the Conference Board's index of leading indicators are due out.
  • Target is a victim of its own success. It drummed up so much hype around its exclusive, limited-time line by upscale Italian designer Missoni that its website crashed and was down for most of the day Sept. 13 - the day the collection was launched. Now some shoppers who bought the Missoni pieces are posting on Facebook and Twitter that their online orders were delayed and even canceled.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

You may also like

Parker Teen Dies In One Vehicle Crash

4/12/2014 10:18 AM

16-year-old Tonya Anderson from Parker, SD died in a one vehicle crash west of Sioux Falls on Highway 42 on Friday.

Full Story
Woman Killed In Sioux Falls Home

4/16/2014 6:01 PM

Sioux Falls police are investigating a murder in the southwest part of the city.

Full Story
SF Woman Dies In Crash Near Brookings

4/12/2014 10:34 AM

A Sioux Falls woman died in a two vehicle crash on I-29 south of Brookings.

Full Story
SF Murder Victim Stabbed, Suspect Got Pills

4/17/2014 10:12 AM

Sioux Falls Police have released the names of the suspect and victim in the city's second homicide of 2014.

Full Story
Missing Girls Case Update On Tuesday

4/15/2014 7:15 AM

Authorities plan to release an update on the investigation into the 1971 disappearance of two South Dakota girls.

Full Story


Events

 
 
KELOLAND TV: 501 S. Phillips Avenue, Sioux Falls, SD 57104
Phone: 605.336.1100 · Breaking News call: 1-800-888-5356
Web Site Design and Custom Programming By: Lawrence & Schiller© 2014 KELO-TV -- KELOLAND.COM -- ALL RIGHTS RESERVED