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.


26° 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!

 

Tuesday Morning Business Brief

November 27, 2012, 5:39 AM

Tuesday Morning Business Brief

Stocks had a mixed showing in Monday trading on Wall Street. The Dow fell 42 points, or 0.3 percent, to close at 12,967. The S&P was down 3 points to 1,406. The Nasdaq composite rose nearly 10 points to 2,977. Futures trading suggests gains this morning.

  • International stock markets rose today after talks over Greece's financial crisis ended with an agreement on how to reduce its debt load, paving the way for the cash-strapped country to receive the next installment of a bailout loan. Benchmark crude oil rose above $88 per barrel. The dollar fell against the euro but rose against the yen.
  • On today's economic calendar, the Commerce Department releases durable goods for October. Standard & Poor's releases the S&P/Case-Shiller index of home prices for September and the third quarter. Also today, the Conference Board has November consumer confidence.
  • Americans burned up the keyboards to try to snag those Cyber Monday deals. IBM Benchmark, which tracks online sales, says online shopping was up 28.4 percent on Cyber Monday compared with the same time period a year ago. Sales from mobile devices, which include tablets, rose 10.1 percent.
  • Greece will not be defaulting on its debts anytime soon after the cash-strapped country finally struck a deal with its international creditors. After weeks of negotiations, Greece's euro partners and the International Monetary Fund agreed to release a vital loan payment and a series of measures designed to reduce the country's massive debts.

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

Previous Story

Next Story




Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Auto Dealer Chain To Pay Fine For Deceptive Ads

12/12/2014 11:41 AM

A family-owned chain of automobile dealerships located in Iowa, Montana and South Dakota will pay a $360,000 civil penalty for running deceptive ads.

Full Story
National Attention For Sioux Falls Bakery

12/15/2014 9:56 AM

A Sioux Falls bakery is getting more national recognition.  CH Patisserie has been named one of the top 75 bakeries in the nation by The Daily Me...

Full Story
Cliff Hangers Gallery Closes; Customers Want Items Back

12/15/2014 10:10 PM

For more than two decades, Cliff Hangers Gallery has been a fixture in Sioux Falls.  A couple of years ago, the business moved from Park Ridge Ga...

Full Story | Watch
What Will Cost More/Less In 2015

12/16/2014 1:36 PM

Industry experts say gasoline prices will continue to fall in 2015, but other prices are expected to rise.

Full Story
Denny Sanford To Donate $25 Million For Scholarship Program

12/16/2014 4:30 PM

Philanthropist T. Denny Sanford is donating $25 million to South Dakota for a scholarship program for the state's technical schools.&nbs...

Full Story


Events