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.


71° 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!

 

Tuesday Morning Business Brief

October 9, 2012, 6:07 AM

Tuesday Morning Business Brief

Stock prices lost some ground in Monday trading on Wall Street. The Dow fell nearly 27 points to 13,584. The S&P was down 5 points, while the Nasdaq dropped 24.

  • Wall Street begins to get some earnings reports to dig through. Beginning today, Alcoa and Yum Brands report their third-quarter results.
  • The International Monetary Fund is offering a bleak assessment of the world economy. The IMF forecasts it will expand 3.3 percent this year, down from the estimate of 3.5 percent growth it issued in July. Its forecast for growth in 2013 is 3.6 percent, down from 3.9 percent three months ago.
  • World stock markets are stalled after another dismal prediction about global economic growth, this time from the International Monetary Fund. European stocks dropped in early trading. The picture is not as bleak in Asia, where stocks are mixed.
  • Oil prices are staging a rebound after three days of losses. It's attributed to rising supply concerns due to the Syrian conflict and delays in shipments of North Sea oil. Benchmark crude for November delivery was up 48 cents to $89.81 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange.

Find the latest local news on the Back to Business page of KELOLAND.com.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Capital One Closing In Sioux Falls

7/23/2015 12:12 PM

Employees were told Thursday that the credit card company will close its Sioux Falls office by the end of the year.

Full Story
Record Sturgis Rally To Bring Big Traffic Challenge

7/21/2015 6:17 PM

If projections are close, the 75th Sturgis Motorcycle Rally during the first week of August could attract a record million people to the Black Hills. ...

Full Story | Watch
New Pizza Chain Coming To Sioux Falls

7/22/2015 4:15 PM

Wisconsin-based chain, Toppers Pizza is going into a strip mall on South Minnesota Avenue in Sioux Falls. 

Full Story
Gas Prices Jump in SD, Fall Everywhere Else

7/21/2015 11:10 AM

The state average for gasoline in South Dakota is at its high for the year at $2.79 a gallon.  That's the highest average price since last No...

Full Story
Picker's Flea Market Closing, Celebrate Church Expanding

7/24/2015 2:15 PM

Thorson ran several shops in Yankton before opening a store in Sioux Falls. The store will close August 16.

Full Story


Events