Shares are mixed in Asia while oil prices have gained more than 1%. China reported its exports grew at a slightly slower but still robust pace of about 24% in July on strong demand for electronics and other high-tech products. On Thursday, stocks retreated on Wall Street as oil prices rose and more company earnings reports rolled in. The S&P 500 fell 0.2% and the Dow industrials fell 0.9%. The Nasdaq composite fell 0.1%. The price of Brent crude rose nearly 4% as progress toward reopening the Strait of Hormuz, vital to securing stable oil supplies, remained unclear.
...HEAT ADVISORY NOW IN EFFECT UNTIL 8 AM PDT MONDAY...
* WHAT...High temperatures of 97 to 103 degrees with overnight lows
of 55 to 70 degrees. Widespread Moderate (level 2 out of 4)
HeatRisk with areas of Major HeatRisk (level 3 out of 4) in lower
Nevada valleys.
* WHERE...In California, Lassen-Eastern Plumas-Eastern Sierra
Counties and Surprise Valley California. In Nevada, Northern Washoe
County and Greater Reno-Carson City-Minden Area.
* WHEN...Until 8 AM PDT Monday.
* IMPACTS...Heat related illnesses will be more likely, especially
for those spending extended periods outdoors, in poorly cooled
indoor spaces, or who are sensitive to heat.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Drink plenty of fluids, stay in an air-conditioned room, stay out of
the sun, and check up on relatives and neighbors.
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