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.


74° 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

New Mortgage Rules

7/16/2014 10:10 PM

This year, new mortgage rules went into effect to protect homeowners who are struggling. Potential buyers are also required to get education before en...

Full Story | Watch
Lance Armstrong Is Grand Marshal For Sturgis Ride

7/21/2014 3:02 PM

Dethroned cyclist Lance Armstrong has been named the official grand marshal of the mayor's ride to kick off the Sturgis Motorcycle Rally.

Full Story
First Frozen Yogurt Truck For Franchise In SD

7/17/2014 3:32 PM

People who attend JazzFest can cool down with frozen yogurt from the first Orange Leaf food truck in the nation

Full Story
Millennials Prefer Cash

7/21/2014 11:40 AM

Americans would rather put their money in the bank than make long-term investments in stocks

Full Story
New Farmers Market Opens In Sioux Falls

7/19/2014 6:12 PM

Farmers markets are a common sight during the summer in Sioux Falls, but there's a new business in town that's offering fresh produce and a ta...

Full Story


Events