Markets Right Now: Stocks Rise As Hurricane Irma Weakens

NEW YORK (AP) — The latest on developments in financial markets (All times local): 11:45 a.m. Insurers and travel companies are rising sharply after Hurricane Irma appeared to be less destructive than many had feared. Royal Caribbean Cruises rose 3.3 percent Monday, and Chubb gained 3.6 percent. Home improvement companies, which rallied last week, fell as investors anticipated less demand from homeowners needing to do repairs following the storm.

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