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.


53° 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!

 

Thursday Morning Business Brief

November 1, 2012, 5:42 AM

Thursday Morning Business Brief

Wall Street returns for another trading session, after yesterday's first day of business after Hurricane Sandy. It also begins a new month, after stocks were mixed Wednesday. Both the Dow and the Nasdaq fell nearly 11 points, while the S&P gained less than a point. Futures trading suggests a lower opening today.

  • Asian stock markets were mixed today and European shares opened slightly higher. Signs of strengthening Chinese manufacturing weren't enough to broadly lift international stock markets as investors await key U.S. economic data and digest a slew of bad earnings reports. Benchmark crude gained to remain above $86 per barrel. The dollar rose against the euro and the yen.
  • Today brings a heavy helping of economic data, just ahead of tomorrow's monthly report on unemployment. Among the readings due today are consumer confidence and manufacturing data from the Institute for Supply Management along with retail sales and car sales.
  • Two business surveys show China's manufacturing improved in October, adding to signs the world's second-largest economy might be recovering from its deepest slump since the 2008 global crisis. Chinese economic growth fell to a 3-1/2 year low of 7.6 percent in the quarter ending in September, but other indicators including retail sales and investment are improving.
  • The Chinese government's main sovereign wealth fund says it has bought a 10 percent stake in the operator of London's Heathrow Airport, expanding its investments in British infrastructure. China Investment Corp. was created in 2007 to manage a portion of China's multitrillion-dollar foreign reserves. The fund's chairman also has an eye on U.S. investments.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

National Pizza Franchise Coming To Sioux Falls

4/22/2014 4:24 PM

The South Dakota franchise owner of Marco's Pizza plans to open a third location in Sioux Falls at 5007 S. Louise Avenue, next to Noodles &am...

Full Story
Headliners For JazzFest Announced

4/17/2014 10:54 AM

Plans are in place for JazzFest 2014 in Sioux Falls.

Full Story
Eric Church Concert Near-Sellout Within Minutes

4/18/2014 5:55 PM

The first ticket sale to an event at the new Denny Sanford PREMIER Center proved to be a boon at the box office Friday

Full Story | Watch
It Looks Like A Credit Card, But It's Not

4/22/2014 10:01 PM

Small businesses often are short on cash or credit and in need of funding.  A California company is offering local businesses financing through t...

Full Story | Watch
2014 JazzFest Headliners Announced

4/17/2014 6:00 PM

This summer's Sioux Falls JazzFest is about to get bad - with some good blues and rock music.

Full Story | Watch


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