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.


54° 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!

 

Tuesday Morning Business Brief

August 21, 2012, 6:04 AM

Tuesday Morning Business Brief

It could be another quiet trading day. The Dow has traded in a narrow range the past two trading sessions and volume has been relatively light. The Dow Jones industrial average begins the day at 13,272 after losing three and-a-half points yesterday. The Standard & Poor's 500 was off a fraction of a point yesterday and now stands at 1,418. The Nasdaq composite index was also down fractionally at 3,076. Futures trading suggests opening gains today.

  • International stock markets are mixed today on renewed uncertainties over the European debt crisis, after a short-lived rally in Asia driven by the Chinese central bank's move to ease tight liquidity through open market operations. Benchmark crude oil rose to near $97 per barrel. The dollar fell against the euro and was nearly unchanged against the yen.
  • The jury in one of the biggest technology disputes in history is expected to hear closing arguments today from lawyers for Apple and Samsung. Apple accused Samsung of copying iPhone and iPad technology. Samsung lawyers countered that others had previously developed much of the technology at issue.
  • Apple begins the day as the most valuable company in history. It now has a market cap of more than $623 billion after gaining more than 17 dollars a share yesterday to close at $665.15. Apple is now worth almost twice as much as the next most valuable company, Exxon Mobil.
  • The nation's largest consumer electronics chain reports its quarterly earnings today, a day after naming a new CEO. Analysts say it will take Hubert Joly several years to turn the ailing retailer around. Best Buy stock was down ten percent yesterday.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Woman Stands Up to Cyber Bullies After Man Calls Her 'Too Muscular'

8/26/2015 5:05 PM

A woman who builds up her body has a message for cyber bullies who tear others down.

Full Story | Watch
Former School For The Deaf Campus Has New Buyer

8/27/2015 4:50 PM

A historic piece of property on East 10th Street in Sioux Falls has a new owner.

Full Story
Sioux Falls Businesses Flooded

8/28/2015 6:00 PM

Homeowners aren't the only ones cleaning up flood water.  Many businesses were also flooded out in Thursday night's storm.  In fact,...

Full Story | Watch
Brown County Commission To Look For New Fair Manager

8/25/2015 12:15 PM

The Brown County Fair Manager has been let go.

Full Story
Casino Going In To 85th And Louise Strip Mall

8/27/2015 11:41 AM

A casino is the first signed tenant for Raintree On Louise at 85th Street and Louise Avenue.

Full Story


Events