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.


72° 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

Three Sushi Restaurants Close After Owners Dispute

10/22/2014 10:05 PM

Your options for sushi in Sioux Falls have just been cut by three. The restaurants mysteriously shut down this week, leaving customers and employees a...

Full Story | Watch
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
Three Sushi Restaurants Suddenly Close In Sioux Falls

10/22/2014 4:45 PM

Three sushi restaurants have all closed for business in Sioux Falls.

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
SD Gas Prices Jump While Nation Approaches Four-Year Low

10/21/2014 11:00 AM

Gas prices have fallen to a nearly four-year low nationwide at an average of $3.09 a gallon.  AAA South Dakota says U.S. gas prices could drop to...

Full Story


Events