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.


15° 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!

 

Monday Morning Business Brief

January 14, 2013, 5:35 AM

Monday Morning Business Brief

Investors are hoping the stock market continues to rally today. Stock indexes have been up for the last two weeks. The Dow Jones industrial average rose 53 points last week, the S&P 500 gained 5 points and the Nasdaq composite was up 24 for the week. As for the S&P, the index reached its highest level since December 2007 on Thursday. Futures trading suggests slight gains at this morning's opening.

  • International stock markets rose today on optimism that China's economic recovery is firmly taking root. Many analysts expect China's fourth quarter and 2012 growth figures due Friday to show the world's No. 2 economy continuing to bounce back. Benchmark crude oil rose above $94 per barrel. The dollar fell against the euro but rose against the yen.
  • The agency's head says China's securities watchdog is considering substantially raising the quota that foreign institutions are allowed to invest in the country's stock markets. It's the latest signal from Beijing of plans to open the Chinese capital markets.
  • United Parcel Service Inc. has ditched its $6.9 billion takeover of TNT Express NV after learning that European regulators would reject the deal in its current form. Though TNT will receive a $265.5 million break fee, it faces an uncertain future on its own.
  • Official figures show that industrial output across the 17 European Union countries that use the euro fell in November for the third straight month. The 0.3 percent monthly decline reported by Eurostat, the EU's statistics office, was worse than expected. Markets had forecast output would increase a modest 0.1 percent during the month.

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

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Empire Mall Burger King Closes

3/22/2015 2:30 PM

The Burger King inside The Empire Mall in Sioux Falls is closing Sunday, March 22.

Full Story
New Downtown Restaurant Preparing To Open

3/20/2015 1:00 PM

On Friday, workers served friends and family in the ground floor of the building that holds the DocuTAP offices.

Full Story
Oggie's Restaurant To Close In Tea

3/20/2015 2:02 PM

Oggie's Grille & Bar in Tea will close Friday, March 27. The WR Hospitality restaurant was open less than 2 years. 

Full Story
Woman Pushing For $20 Bill Makover

3/25/2015 9:54 AM

Barbara Ortiz Howard already has a day job maintaining apartment buildings near New York City. Now she has a second job and it's all about money. ...

Full Story
Speed Limit Sign Changes

3/25/2015 6:06 PM

The speed limit is only going up on stretches of road where the limit was 75 miles per hour, now going up to 80 mph.

Full Story | Watch


Events