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

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Wednesday Morning Business Brief

November 7, 2012, 5:35 AM

Wednesday Morning Business Brief

Stocks rose strongly in Tuesday trading. The Dow surged 133 points to 13,246. The S&P was up 11 points, while the Nasdaq surged 12 points. Futures trading suggests gains this morning. Benchmark crude oil fell, but remained above $88 per barrel.

  • The re-election of President Barack Obama gave international stock markets a boost today, though concerns remain over his ability to steer through a budget agreement through a divided Congress. Benchmark crude oil fell, but remained above $88 per barrel. The dollar fell against the euro and was flat against the yen.
  • Just one economic report of note is on today's calendar. The Federal Reserve releases consumer credit figures for September.
  • Greece's coalition government faces its toughest test so far when lawmakers vote today on new austerity measures demanded to keep the country afloat. The$17.3 billion package is expected to scrape through, following a one-day debate. But potential defections could severely weaken the conservative-led coalition formed in June with the intention of keeping Greece in the euro.
  • Superstorm Sandy was a boon for the television network evening newscasts, most prominently for Brian Williams and NBC's "Nightly News." The ABC, CBS and NBC newscasts have collectively drawn 21.2 million viewers a night this fall. The Nielsen company says that last week, with an epic storm over the eastern third of the U.S. that caused big damage on the New Jersey coastline and in the New York City metropolitan area, the newscasts had nearly 5 million more viewers a night.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

First DTSF Incubator Store Open For Business

7/23/2014 6:30 AM

605 Running Co., 124 S. Phillips Avenue, just opened its doors on Friday. It's a big grand opening for the store, but also for Downtown ...

Full Story | Watch
Fruit From Walmart And Costco May Be Contaminated

7/22/2014 11:23 AM

A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concern...

Full Story
Third Walmart Preparing To Open In Sioux Falls

7/22/2014 6:10 PM

Sioux Falls latest Walmart store is preparing to open in just a few weeks.

Full Story
Deciding When To Collect Social Security

7/22/2014 10:10 PM

78 million Baby Boomers are retiring or preparing to retire.  The question they all face is when to draw their Social Security benefits. 

Full Story | Watch
Lance Armstrong Is Grand Marshal For Sturgis Ride

7/21/2014 3:02 PM

Dethroned cyclist Lance Armstrong has been named the official grand marshal of the mayor's ride to kick off the Sturgis Motorcycle Rally.

Full Story


Events