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MARKETS LIVE BLOG:

STOCKS CLIMB AS DOW POSTS 8TH STRAIGHT WIN

Fed's Michelle Bowman echoes higher-for-longer mantra for interest rates

Severe Flooding Grips Yingde in China's Guangdong Province

Storyful

Severe flooding in China’s Guangdong province prompted local authorities to activate the area’s highest emergency response on June 21.

Persistent heavy rainfall caused rivers to bloat and forced the evacuation of local residents, according to Xinhua News Agency.

A Yingde government WeChat post said the Bei River peaked at just under 36 meters at midday on June 22. The government post said nobody was reported injured in the floods.

This video shows deep flooding in an industrial area of Yingde on June 22. Credit: @EraFryn_ via Storyful

Video Transcript

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