Shipping Stocks Beat US Markets Last Week As Tankers Led Gains
The Capital Link Maritime Index rose 2.40% this week, compared with declines of 0.57% for the S&P 500, 2.00% for the Nasdaq and 0.85% for the Dow. Shipping outperformed the S&P 500 by 2.97 percentage points. The
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Why It Matters
Shipping companies went up while most other stocks went down last week. When one group does better than the rest, it shows where money is flowing.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.