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.

61° 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

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



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
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
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
Following The GEAR UP Grant Money

9/29/2015 6:10 PM

Mid Central Educational Cooperative dispersed the grant money since 2005 to two organizations to run the GEAR UP program, under business manager Scott...

Full Story | Watch
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