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.

73° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options



Share your Photos, Videos, and Stories on uShare! Click here to get started.


[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Tuesday Morning Business Brief

November 20, 2012, 5:38 AM

Tuesday Morning Business Brief

Wall Street's strong advance Monday will be a tough act to follow. In the latest session, the Dow rose nearly 208 points, or 1.7 percent, to 12,796. The other key averages were up 2 to 2.2 percent. Futures trading suggests opening losses today.

  • European stocks opened lower Tuesday after a ratings agency yanked France's coveted AAA credit rating, while gains in Asia largely evaporated after the Bank of Japan concluded a policy meeting without new action. Benchmark crude oil fell below $89 per barrel. The dollar gained against the euro but fell against the yen.
  • The Commerce Department today reports on October housing starts, a day after the builders' trade group reported industry sentiment rose to the highest in more than six years. Investors and others will also be monitoring a speech in New York today from Federal Reserve Chairman Ben Bernanke.
  • European Union officials will make a fresh try today to reach a political accord on desperately needed bailout loans to Greece - an agreement that eluded them last week. Finance ministers from the 17 EU countries that use the euro will try to hammer out an agreement on the conditions attached to the aid, but they will not be able to give final approval. Parliaments in some of the countries must vote on it.
  • France's government is shrugging off the latest downgrade of its credit rating, saying it just needs time for reforms to the indebted economy to take root. Moody's Investors Service stripped Europe's No. 2 economy it of its prized AAA credit rating yesterday due to concerns over its prospects for economic growth and its exposure to Europe's financial crisis.

You can find more business news on the Back to Business page of

Previous Story

Next Story



View business

You may also like

Missing Documents On Secretary Of State Website

10/6/2015 6:05 PM

Half a million documents that are supposed to be on the South Dakota's Secretary of State website are not online.  The current Secretary Shan...

Full Story | Watch
Consumer Warning: Watch Your Bank Account For Small Fraudulent Charges At Walmart

10/12/2015 10:10 PM

If you're not in the habit of regularly checking your bank account, this story should be a wake-up call.  16 states have issued alerts about ...

Full Story | Watch
Mitchell School Board Meets As Superintendent Defends 'Second Job'

10/12/2015 5:02 PM

Questions concerning a million dollar grant could come up at Monday night's school board meeting in Mitchell.

Full Story
Mid Central Takes Action On Finances, Dodges Questions About GEAR UP

10/8/2015 6:05 PM

While Dan Guericke is avoiding all questions about Westerhuis and GEAR UP, he couldn't avoid leading a public meeting of Mid Central Co-op's b...

Full Story | Watch
Windom Beef Plant Closing

10/13/2015 10:18 AM

A beef processing facility in southwest Minnesota is closing.

Full Story