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Shipping ETFs on pace for best day in nearly a month after U.S., U.K. strike on Houthi rebels in Yemen stirs up more geopolitical worries

Por: MarketWatch Business January 12, 2024

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Both funds were on pace for their biggest daily percentage gains since December 18, 2023, when , which led to thwart attacks on commercial shipping in the region. The Breakwave Dry Bulk Shipping ETF , which tracks the daily price movements of the near-dated dry bulk freight futures, was gaining 7.3% on Friday. The fund has risen 17.8% this month, on track for its biggest monthly percentage advance since June 2023, according to FactSet data. ... + full article



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