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.


54° 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

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




 
Find Local Businesses on KELO Pages!

View business

You may also like

Sioux Falls Nail Salon Shut Down By SD Cosmetology Commission

10/30/2014 11:00 AM

The South Dakota Cosmetology Commission has shut down #1 Nails Salon in Sioux Falls.  The commission revoked the license of owner Ngoc Lan T...

Full Story
Sioux Falls To Get Second Five Guys Location

10/29/2014 11:45 AM

Five Guys Burgers and Fries will open up a second location in Sioux Falls in the former Extreme Automotive building at 49th Street and Louise Avenue.

Full Story
Three Sushi Restaurants Back Open

10/27/2014 11:10 AM

The three sushi restaurants that closed last week in Sioux Falls were back open for business over the weekend.

Full Story
KELO TV/Argus Leader Poll: Medicaid/Teacher Pay

10/26/2014 6:00 AM

There are a number of big issues this election year, but there are also big issues that people won't be voting on next week, like raising teacher ...

Full Story
What To Buy In November

10/28/2014 3:59 PM

A new month is right around the corner, and that means DealNews has released its list of the best things to buy in November. 

Full Story


Events