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!

 

Tuesday Morning Business Brief

October 2, 2012, 5:46 AM

Tuesday Morning Business Brief

Stocks closed mixed in Monday trading, failing to maintain the strong rally seen earlier in the session. The Dow added 78 points to 13,515. The S&P was up nearly 4 points, while the Nasdaq slipped 3 points. Futures trading suggests a higher opening today.

  • International stock markets lost momentum today as investors weighed an improvement in U.S. manufacturing against the possibility Spain's government debt will be downgraded to junk status. Benchmark crude oil rose to near $93 per barrel. The dollar fell against the euro but rose against the yen.
  • No major economic data is due out today. The automakers release their monthly car and truck sales figures, and they're expected to be strong.
  • The National Retail Federation predicts sales growth during the upcoming holiday shopping season, but not as much as the last two years. If they're right, holiday shopping could be on track for the smallest growth increase since 2009. Consumer spending accounts for up to 70 percent of economic activity.
  • Samsung and Apple are still slugging it out in court. South Korea's Samsung says it has filed a motion with a U.S. court in California to add Apple's iPhone 5 to their ongoing patent battle. Samsung says Apple's new phone infringes on eight of its patents. The two companies are locked in a struggle for supremacy in the global smartphone market.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Three Sushi Restaurants Close After Owners Dispute

10/22/2014 10:05 PM

Your options for sushi in Sioux Falls have just been cut by three. The restaurants mysteriously shut down this week, leaving customers and employees a...

Full Story | Watch
Valentino's Restaurant For Sale

10/20/2014 12:18 PM

Prime real estate on 41st Street in Sioux Falls is for sale. Valentino's Restaurant at 41st Street and Western Avenue has been listed for $1.35 mi...

Full Story
Three Sushi Restaurants Suddenly Close In Sioux Falls

10/22/2014 4:45 PM

Three sushi restaurants have all closed for business in Sioux Falls.

Full Story
Long John Silver's Closes, Building For Sale

10/20/2014 12:31 PM

A longtime fast food option in Sioux Falls, the Long John Silver's restaurant is closing after more than 30 years in business. 

Full Story
Pierre Woman Wins On In-Flight Game Show

10/17/2014 12:10 PM

A South Dakotan is a winner on the Allegiant Airlines' first in-flight game show called "The Game Plane."  The reality show is film...

Full Story


Events