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.


70° 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

December 5, 2012, 5:35 AM

Wednesday Morning Business Brief

Stocks slipped in light trading in the latest session. The Dow fell nearly 14 points, or 0.1 percent, to finish at 12,952. The S&P 500 dropped 2 points to close at 1,407, while the Nasdaq was down nearly 6 points to 2,997. Futures trading suggests gains this morning.

  • International stock markets rose today as investors became increasingly convinced that U.S. political leaders will reach a budget deal that avoids a major hit to the world's No. 1 economy. Chinese shares soared on hopes for more stimulus measures. Benchmark crude oil rose to near $89 per barrel. The dollar fell against the euro but rose against the yen.
  • On today's economic calendar, the Labor Department releases third-quarter productivity data. The Commerce Department releases October factory orders, while the Institute for Supply Management reports on the status of the service sector for November.
  • The nation's largest port complex will be getting back to business today. Striking clerical workers have reached a tentative agreement, which means thousands of dockworkers who refused to cross picket lines will be going back to their jobs moving cargo at the ports of Los Angeles and Long Beach. The eight-day strike prevented shippers from delivering billions of dollars in cargo.
  • An annual report on government corruption finds that the same countries hardest hit by the European recession are also perceived as the most corrupt. Transparency International's annual Corruption Perceptions Index shows Spain, Portugal, Italy and Greece with the lowest scores in western Europe. The countries seen as most corrupt were Somalia, North Korea and Afghanistan.

You can find more business news on the Back to Business page of KELOLAND.com.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Former Sioux Falls Executive Investigated For Animal Abuse

8/28/2014 4:15 PM

A former Hot Stuff/Orion Foods President is being investigated for dog abuse in Canada.

Full Story
Westward Ho Country Club Changes Name

8/28/2014 12:56 PM

The Westward Ho Country club in Sioux Falls is changing its name to The Country Club of Sioux Falls.  Members were notified of the change on Thur...

Full Story
Cattle Spooked By LifeLight Noise

8/30/2014 3:58 PM

Farmers say the annual music event is louder this year, and it's causing some problems with their cattle.

Full Story
Sanford And First PREMIER Bank Hosting Concert For Employees

8/29/2014 11:30 AM

Employees from two Sioux Falls employers have an opportunity to see a private concert with two country headliners at the Denny Sanford PREMIER Center.

Full Story
Kraft Recalls American Cheese Singles

9/1/2014 3:59 PM

Before you pack those Kraft American Singles in your child's lunch, you'll want to check the date on the package.

Full Story


Events