Reuters/Leah Millis
Here is what you need to know.
Hurricane Florence is due to make landfall on Saturday. The category 4 hurricane, which is now expected to make landfall in Myrtle Beach, South Carolina, could produce 40 inches of rain and a 13-foot storm surge.
Insurance and construction stocks have taken a beating ahead of Hurricane Florence. Over the past three trading sessions, Travelers has fallen 3.5% and Summit Materials lost 9.4% as traders position themselves ahead of Florence's landfall.
See the rest of the story at Business Insider
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from Business Insider https://ift.tt/2Oap5WV
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