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!


Tuesday Morning Business Brief

April 24, 2012, 5:44 AM

Tuesday Morning Business Brief

Stocks have started the week on a sour note. A string of news casting doubt on the ability of European governments to manage mounting debt help say the Dow to a 102-point loss Monday, closing at 12,927. The broader indexes also lost ground. The S&P starts the day at 1,367, while the NASDAQ is at 2,970. Futures trading suggests a higher open.

  • International stock markets rose modestly today following sharp losses the day before as investors looked to the Federal Reserve for new steps to help the U.S. economy. News about Europe's debt crisis continues to overshadow markets. Benchmark crude oil climbed above $103 a barrel. The dollar fell against the euro and was unchanged against the yen.
  • The Conference Board releases its monthly reading on consumer confidence this morning. There's also data due on the housing market, include the Standard & Poor's/Case-Shiller home price index for February and the government's latest figures on home sales.
  • It's a big day for corporate earnings reports. First quarterly financial results are expected from 3M, Amgen, Apple, AT&T, Hershey and Reynolds American as well as US Steel, United Technologies and Novartis.
  • One analyst says it's hard to predict, but the outcome of this week's meeting of the Federal Reserve could be no change in policy. The meeting wraps up tomorrow with a statement, updated forecasts and Chairman Ben Bernanke's latest news conference. The Fed is likely to continue keeping short-term interest rates at record lows.

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