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.


45° 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

May 22, 2014, 6:23 AM

Thursday Morning Business Brief

The major American stock indexes are on track for a weekly gain. They made a big comeback yesterday and recovered losses from Tuesday. The Dow Jones industrial average climbed 159 points to end at 16,533, its biggest gain in five weeks. The S&P 500 rose 15 points to close at 1,888. And the Nasdaq was up nearly 35 points to finish at 4,131. Futures point to a tepid opening this morning.

  • Asian stock markets were mostly higher today, led by Japan's Nikkei after a manufacturing survey suggested the slowdown in China's economy is flattening out and Fed minutes reinforced expectations the U.S. central bank won't rush to raise interest rates. European stocks were muted in early trading. Benchmark U.S. crude oil edged below $104 a barrel. The dollar gained against the euro and the yen.
     
  • The government's weekly jobless claims report will draw investor's interest today. The National Association of Realtors will release last month's existing home sales and Freddie Mac will report the weekly mortgage rates. The Conference Board will also release leading economic indicators for April. Sears, Best Buy, Gap and Hewlett-Packard will report quarterly earnings
     
  • Several European countries' commitment to the painful economic reforms meant to cut debt and foster growth could be shaken by this week's elections to the European Parliament. Anti-EU parties could be buoyed by protest votes against austerity. The EU parliament has limited power but the vote could ripple back to the national level.
     
  • Asian leaders say that even though talks on a Pacific Rim trade pact are making progress, the outlook for a deal this year remains uncertain. Singapore's prime minister says there needs to be a deal before the U.S. mid-term elections because there's no telling what a new Congress will look like and the preoccupation with presidential politics begins.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Rock Stars To Celebrate Pawn Shop Ground Breaking

1/23/2015 11:15 AM

Bret Michaels and Lita Ford will perform at the District on Wednesday, Jan. 28 to celebrate the ground breaking of Badlands Pawn.

Full Story
Long John Silver's Building To Become Taco Shop

1/23/2015 4:00 PM

The former Long John Silver's on Minnesota Avenue is going to become a Mexican fast food restaurant.  

Full Story
Website Ranks The 25 Best Jobs For 2015

1/28/2015 5:12 AM

Physician assistants topped the list, which has an average base salary of $111,376.

Full Story
Keg Chicken Back Open In SF

1/21/2015 9:12 PM

A fried chicken favorite is back in Sioux Falls.

Full Story
Refinery Issues Lead To Higher SD Gas Prices

1/27/2015 11:10 AM

For the first time in months, South Dakota's average gas price rose last week.  According to a AAA report, the increase is due to a series of...

Full Story


Events