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.


59° 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

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 KELOLAND.com.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

SF Judge Considering Another Walmart Lawsuit

9/19/2014 5:41 PM

Homeowners believe the City of Sioux Falls didn't live up to its promise of having a conditional use permitting process for the new store proposed...

Full Story | Watch
Cracked Windshield Forces Jet To Land In Wichita

9/22/2014 1:12 PM

A 50-seat jet flying to Dallas was forced to land in Wichita after its windshield cracked.

Full Story
Great Outdoor Store Recognized By National Magazine

9/17/2014 3:33 PM

Outdoor USA Magazine is giving high marks to a Sioux Falls store.

Full Story
Committee Gives Final OK To Rest Stop Rule Changes

9/16/2014 1:22 PM

A South Dakota panel has approved rule changes in multiple state departments that include allowing the Department of Transportation to regulate newsst...

Full Story
Digital Guitar Made In Sioux Falls

9/16/2014 10:10 PM

Sioux Falls native and South Dakota State graduate Ed Cannon is behind a new product for Apple's iPad, iPhone and MacBook. 

Full Story | Watch


Events