German automaker Mercedes Benz and U.S. planemaker Boeing Co will suspend operations in South Carolina on Friday due to the potential impact of Hurricane Ian. Ian, currently downgraded to a tropical storm, is expected to be become a hurricane again later on Thursday before making U.S. landfall for the second time on Friday, according to the U.S. National Hurricane Center. It issued a hurricane warning for the entire coast of South Carolina.
Shares of semiconductor specialist Advanced Micro Devices (NASDAQ: AMD) were falling today, likely in response to new data on U.S. jobless claims. Investors are processing the latest employment data that showed a stronger-than-expected labor market. Instead, it appears that AMD shareholders were reacting to the latest jobless claims report.
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