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.


63° 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!

 

Wednesday Morning Business Brief

February 1, 2012, 5:58 AM

Wednesday Morning Business Brief
For the Dow and the S&P, the January just completed was the best in 15 years. For the latest session, the Dow fell 21 points, while the S&P dropped less than a point to 1,312. The Nasdaq added 2 points to 2,814. Futures trading suggests a higher open.
  • International stock markets were mixed today as a modest improvement in manufacturing data from China offered reassurance over its economic slowdown. Asian markets fell back from early gains after the release later in the morning of a competing, seasonally adjusted survey. European shares rose in early trading. Benchmark crude oil hovered below $99 per barrel while the dollar rose against the euro but fell against the yen.
  • The Institute for Supply Management today releases its monthly reading on the manufacturing sector. Also this morning, the Commerce Department reports on December construction spending.
  • The Obama administration is about to detail a homeowner-friendly plan it hopes will ease a major drag on the economy. It would allow all homeowners to refinance at lower interest rates even if they owe more than their homes are worth. The major hurdle in Congress is that the program would be paid for by a fee on large banks.
  • An IMF debt inspector says negotiations for landmark debt deals with Greece will be concluded in a "matter of days." He's pressuring the recession-hit country to lower employment costs and even slash the minimum wage. The head of the International Monetary Fund's mission in Greece, Poul Thomsen, commented in an interview published today.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

First DTSF Incubator Store Open For Business

7/23/2014 6:30 AM

605 Running Co., 124 S. Phillips Avenue, just opened its doors on Friday. It's a big grand opening for the store, but also for Downtown ...

Full Story | Watch
Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story
Fruit From Walmart And Costco May Be Contaminated

7/22/2014 11:23 AM

A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concern...

Full Story
Third Walmart Preparing To Open In Sioux Falls

7/22/2014 6:10 PM

Sioux Falls latest Walmart store is preparing to open in just a few weeks.

Full Story
Deciding When To Collect Social Security

7/22/2014 10:10 PM

78 million Baby Boomers are retiring or preparing to retire.  The question they all face is when to draw their Social Security benefits. 

Full Story | Watch


Events