00:00It's Benzinga, and here's what's on the block.
00:02El Niño has officially ended and La Niña conditions are expected to develop over the
00:07summer and peak in September during the hurricane season.
00:10Above average temperatures are forecast for most of the continental US this summer, even
00:14before La Niña fully forms.
00:17The western US is also likely to be drier than normal.
00:20La Niña summers following strong El Niño winters have been historically some of the
00:23hottest on record for the United States.
00:26Intense heat is possible.
00:28The end of El Niño means less wind shear, disrupting storms in the Atlantic, allowing
00:32more hurricanes to potentially form and impact the US coast.
00:35For all things money, visit Benzinga.com.
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