10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, AAPL) - Creak News

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10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, AAPL)

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Trump Hurricane FlorenceReuters/Leah Millis

Here is what you need to know.

Hurricane Florence is due to make landfall on Saturday. The Category 4 hurricane, whose eye 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 has lost 9.4% as traders position anticipate damage from Florence.

See the rest of the story at Business Insider

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from Business Insider https://ift.tt/2NACLxf

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