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.


42° 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!

 

Monday Morning Business Brief

January 28, 2013, 5:44 AM

Monday Morning Business Brief

The Standard & Poor's 500 index is showing strength, but will it continue this week? On Friday, the S&P closed above 1,500 for the first time since the start of the Great Recession in 2007. It was up eight points, or half a percent for its eighth straight gain. The Dow closed at 13,895.98, up nearly 71 points on Friday. The Nasdaq gained 19 points. Futures trading doesn't indicate any dram on Wall Street this morning.

  • International stock markets drifted today as investors awaited the release of key data this week for a clearer picture of the strength of the U.S. economic recovery. Asian markets posted slight gains while European stocks barely budged in early trading. Benchmark crude oil fell below $96 per barrel. The dollar gained against the euro and fell against the yen.
  • The Commerce Department today will report on durable goods for December. Also, the National Association of Realtors releases the pending home sales index for December. Also today, Caterpillar and Yahoo will release their quarterly financial results.
  • Economists say their optimism is increasing, cautiously, about growth in the year ahead with hiring expected to pick up in coming months. A quarterly survey by the National Association for Business Economists released today shows half of the economists polled now expect real gross domestic product to grow between 2 and 4 percent this year.
  • Anticipating a boost from stimulus spending and a weakening yen, Japan's government has raised its growth forecast, predicting the economy will emerge from recession and expand 2.5 percent in the coming fiscal year. The yen has dropped more than 10 percent in recent months. Share prices have surged in anticipation that higher stimulus spending will boost economic activity, and that the weaker yen will aid exporters.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Sioux Falls To Get Second Five Guys Location

10/29/2014 11:45 AM

Five Guys Burgers and Fries will open up a second location in Sioux Falls in the former Extreme Automotive building at 49th Street and Louise Avenue.

Full Story
Three Sushi Restaurants Back Open

10/27/2014 11:10 AM

The three sushi restaurants that closed last week in Sioux Falls were back open for business over the weekend.

Full Story
KELO TV/Argus Leader Poll: Medicaid/Teacher Pay

10/26/2014 6:00 AM

There are a number of big issues this election year, but there are also big issues that people won't be voting on next week, like raising teacher ...

Full Story
What To Buy In November

10/28/2014 3:59 PM

A new month is right around the corner, and that means DealNews has released its list of the best things to buy in November. 

Full Story
Airport Hotel Takes Shape

10/27/2014 11:38 AM

The $5 million hotel called the AeroStay at the Sioux Falls airport is taking shape.  Exterior walls are going up for the 76 rooms and the buildi...

Full Story


Events