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.


66° 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!

 

Wednesday Morning Business Brief

February 29, 2012, 5:53 AM

Wednesday Morning Business Brief

The stock market is looking to continue a wave of confidence that pushed the Dow Jones industrial average to a close above 13,000 yesterday. It hasn't done that since before the financial crisis. The Standard & Poor's 500 rose 4.59 to 1,372.18. The Nasdaq composite index, dominated by technology stocks, rose 20.60, or 0.7 percent, to 2,986.76. Futures trading suggests a higher opening.

  • International Stock Markets rose today, boosted by better-than-expected economic data from Japan and expectations that indicators being released later in the day would show an improving U.S. economy. Benchmark crude oil hovered near $107 per barrel while the dollar was virtually flat against yen but higher against the euro.
  • The government issues its report today on 4th quarter Gross Domestic Product. It's a measure of how the economy fared in October-December 2011. A Federal Reserve Beige Book is due this afternoon.
  • The European Central Bank has made $712.4 billion in low-interest loans to banks in the second round of a massive credit infusion credited with easing the eurozone debt crisis. The offer of credit for three years was taken up today by 800 banks.
  • Wage cuts and other austerity measures in Greece continue to draw the ire of the country's largest unions. More protests and a work stoppage are planned today as the crisis-hit country's coalition government presses ahead with its debt-cutting plan.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Valentino's Restaurant For Sale

10/20/2014 12:18 PM

Prime real estate on 41st Street in Sioux Falls is for sale. Valentino's Restaurant at 41st Street and Western Avenue has been listed for $1.35 mi...

Full Story
Long John Silver's Closes, Building For Sale

10/20/2014 12:31 PM

A longtime fast food option in Sioux Falls, the Long John Silver's restaurant is closing after more than 30 years in business. 

Full Story
Pierre Woman Wins On In-Flight Game Show

10/17/2014 12:10 PM

A South Dakotan is a winner on the Allegiant Airlines' first in-flight game show called "The Game Plane."  The reality show is film...

Full Story
Pop-Up Holiday Shop Coming to Downtown Sioux Falls

10/15/2014 11:45 AM

Unglued: Christmas Market, will open in the space formerly occupied by the Book Shop in the Carpenter Building on Phillips Avenue from Nov. 20 through...

Full Story
Ebola Scams Surface

10/17/2014 2:15 PM

It was only a matter of time before scammers started capitalizing on the Ebola scare.  The Better Business Bureau is warning consumers about a va...

Full Story


Events