User uShare 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.

64° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options



Share your Photos, Videos, and Stories on uShare! Click here to get started.


[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Wednesday Morning Business Brief

October 17, 2012, 6:28 AM

Wednesday Morning Business Brief

After strong gains for the second time in two days, Wall Street's key averages have chalked up gains of nearly 2 percent. In Tuesday trading, the Dow rose 128 points to 13,552, the strongest advance in a month. The S&P added 15 and the Nasdaq gained 37.

  • Home builders report they are increasingly optimistic about the outlook. Today, we'll see what kind of demand they are seeing. The government reports on September housing starts.
  • Oil prices have been steady so far today after a positive day for stock markets and hopes that Spain might be on the verge of requesting a bailout. Benchmark oil for November delivery was unchanged at $92.09 a barrel in Asian trading. Bent crude was down 22 cents to $113.78 a barrel in London.
  • Rising speculation that Spain will soon ask for outside help to keep a lid on its borrowing costs is helping to ease the pressure on the country in financial markets. The interest rate on Spain's benchmark 10-year bond fell 0.23 percentage points to 5.53 percent in early trading. It has hovered close to 6 percent in recent weeks amid uncertainty over whether the country will apply for aid so that the European Central Bank can begin buying Spanish bonds in the markets in an attempt to keep the country's borrowing costs down.
  • Apple is hinting at an unveiling of its so-called iPad mini. It has sent out invitations for an event to be held next Tuesday in San Jose, Calif., saying "We've got a little more to show you." Media and analysts have said for months that Apple has an "iPad mini" in the works.

You can find the latest local business news on the Back to Business page of

Previous Story

Next Story



View business

You may also like

Stacy Phelps Resigns From Board of Education

10/2/2015 3:14 PM

Phelps administered the GEAR UP program which prepared and encouraged Native American students to enroll into higher educaton.

Full Story
Mitchell Superintendent Defends 'Second Job'

10/5/2015 10:02 PM

Our KELOLAND News investigation revealed some of the problems surrounding the multimillion dollar GEAR UP grant that caused the state to end its partn...

Full Story | Watch
Sioux Falls Floral Shop Fills Special Order For Elton John

10/1/2015 4:48 PM

Sir Elton John will be surrounded by beautiful flowers during his stop in Sioux Falls.

Full Story
Coffee Shop, Pizza Chain Both Opening In East Sioux Falls

10/2/2015 2:03 PM

Marco's Pizza filed a building permit to set up shop in a new stripmall on South Sycamore Avenue.

Full Story
Shop Owner Ready For 'Chip & Dip'

10/1/2015 10:10 PM

Thursday is the deadline for stores to have new equipment in place to take the more-secure chip cards.

Full Story | Watch