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.


82° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Thursday Morning Business Brief

October 25, 2012, 5:33 AM

Thursday Morning Business Brief

Stocks posted modest losses in the latest session. The market is on track for a weekly decline following Tuesday's bruising session. In Wednesday trading, the Dow fell 25 points to 13,077. The S&P was down 4 points to 1,409. The Nasdaq slipped nearly 9 points to 2,982. The key averages are down 0.8 to 2 percent this week, with two more sessions to go. Futures trading suggest gains at this morning's open.

  • International stock markets mostly rose today as investors kept their sights on a possible improvement in China's economy. Benchmark crude oil rose above $86 per barrel. The dollar fell against the euro but rose against the yen.
  • The Labor Department today releases weekly jobless claims. Also, the Commerce Department has durable goods for September, while the National Association of Realtors reports on pending home sales for September.
  • Apple may have won big in a major U.S. patent infringement suit against Samsung but in Europe, not so much. A Dutch court has ruled that Samsung's Galaxy tablet computers don't infringe on an Apple patent for touch screen interfaces. British and German courts have also rebuffed Apple.
  • The European Central Bank says lending to businesses remains weak in the 17 countries that use the euro. It's seen as a further indication that banks remain concerned over deteriorating economic conditions in the wake of a sprawling government debt crisis.

Find the latest local business news on the Back to Business Page of KELOLAND.com.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

First DTSF Incubator Store Open For Business

7/23/2014 6:30 AM

605 Running Co., 124 S. Phillips Avenue, just opened its doors on Friday. It's a big grand opening for the store, but also for Downtown ...

Full Story | Watch
Fruit From Walmart And Costco May Be Contaminated

7/22/2014 11:23 AM

A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concern...

Full Story
Third Walmart Preparing To Open In Sioux Falls

7/22/2014 6:10 PM

Sioux Falls latest Walmart store is preparing to open in just a few weeks.

Full Story
Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story
Deciding When To Collect Social Security

7/22/2014 10:10 PM

78 million Baby Boomers are retiring or preparing to retire.  The question they all face is when to draw their Social Security benefits. 

Full Story | Watch


Events