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Markets rally as Irma is downgraded

Markets are looking to rally on Monday, as Irma is downgraded to a tropical storm after battering parts of Florida, and is now setting its sights on Georgia.  Yahoo Finance’s Alexis Christoforous, Melody Hahm, Myles Udland and Andy Kapyrin, CFA of RegentAtlantic, discuss these and the other big stories we’re covering today.

Today’s topics:

  • Stocks look to start off the week strong
  • Irma decimates parts of Florida, knocking out power to almost 60% of the state
  • Hurricane Harvey expected to shave 1% from third-quarter growth: Goldman Sachs
  • Apple shares higher ahead of iPhone unveiling
  • Teva Pharmaceutical selects a new CEO
  • Disney World closes ahead of Hurricane Irma
  • Tesla extends battery life for Florida drivers
  • A global black market awaits Apple’s iPhone 8 launch
  • China plans to end the sale of gas-powered cars
  • Nordstrom opening clothes-free location called Nordstrom Local

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