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.

58° 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!


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



View business

You may also like

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
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
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
Missing Documents On Secretary Of State Website

10/6/2015 6:05 PM

Half a million documents that are supposed to be on the South Dakota's Secretary of State website are not online.  The current Secretary Shan...

Full Story | Watch