12:00 PM Flash: Northeast Hurricane Threat Looms as Markets Push Higher
Twelve PM Flash: Wall Street is pushing higher at midday with the S and P five hundred now at seven thousand four hundred seventy three, up forty point five points or zero point five four percent. Gold is trading at four thousand five hundred forty seven dollars, oil sits at ninety eight dollars a barrel, and Bitcoin is currently at seventy four thousand six hundred eighty three. Breaking right now, top forecasters are sounding the alarm on a dangerously overdue Northeast hurricane that could bring catastrophic damage to New England. This is quickly becoming the biggest weather risk on traders' radar with potential supply chain and insurance sector implications. In other news, a heartwarming moment is making the rounds today as researchers successfully reunited a lost baby elephant with her family after tracking down her missing herd. This is Miss Vicky from the Options Desk at VixShield, where it's not news till we talk about it. Stay with us as Russell Clark joins with more analysis.