User uShare 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.

70° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options




[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Thursday Morning Business Brief

April 10, 2014, 5:36 AM

Thursday Morning Business Brief

Investors are again embracing some of the stock market's more risky names. Major stock indexes rose broadly yesterday after a report that Federal Reserve policymakers want to be absolutely certain the economy has recovered before raising interest rates. The Dow rose 181 points. The S&P 500 jumped 20 points and the Nasdaq rose climbed 71 points. Futures point to a lower opening today.

  • Stock markets in Hong Kong and Shanghai rose sharply today on news of plans to link the exchanges, widening access for investors. Other international stock markets were more subdued following worse-than-expected China trade figures. The dollar fell against the yen and the euro. Benchmark U.S. crude oil rose slightly to stay above $103.50 a barrel.
  • The government will report the weekly jobless claims today. If it's good, it could help the stock market continue its positive direction. Also due out today is the federal budget report for March and weekly mortgage rates from Freddie Mac. Selected chain retailers will release March sales comparisons today.
  • Greece is tapping the international bond markets for the first time in four years, issuing a five-year bond amid growing signs of market confidence. The country has been locked out of the market by high borrowing costs since 2010, and has been dependent on international bailout funds for the past four years. The country's interest rates have been falling recently as its public finances improved following tough austerity measures.
  • A New York judge is set to sentence Connecticut-based SAC Capital after it pleaded guilty to criminal fraud charges in a $1.8 billion deal with the government. Judge Laura Taylor Swain will sentence SAC Capital LP and three related entities based on pleas to wire fraud and securities fraud. Both sides have asked Swain to follow the terms of the agreement announced in November. The corporate defendants say in court papers they are "deeply remorseful" for the misconduct of each individual who broke laws.

Previous Story

Next Story

Find Local Businesses on KELO Pages!

View business

You may also like

PREMIER Bankcard Lawsuit Comes Down To Link

8/22/2014 10:00 PM

$5 million: that's the price tag on a lawsuit filed by a South Dakota credit card company, First PREMIER/PREMIER Bankcard against a credit card co...

Full Story | Watch
Single-Screen Theater Closed After Four Decades

8/23/2014 12:33 PM

A single-screen movie theater in Vermillion has closed after serving the area for more than four decades.

Full Story
Sioux Falls Store Included In UPS Breach

8/21/2014 1:53 PM

If you used a credit or debit card at a UPS Store in the last seven months, some of your personal information could be a risk.  

Full Story
Woman-Owned Highway Construction Company

8/21/2014 10:05 PM

There are nearly eight million women owned businesses in the U.S.  But only eight percent of construction businesses are owned by women. 

Full Story | Watch
Napa Winery With SF Ties Recovers From Earthquake Damage

8/24/2014 6:35 PM

A Napa Valley winery with Sioux Falls ties received damage from the largest earthquake to hit the bay area in 25 years.

Full Story