It was a huge day for U.S. stocks, with the Dow surging by over 900 points on news of a potential vaccine breakthrough and positive stimulus comments from Federal Reserve Chairman Jerome Powell.
Many shipping stocks, particularly dry bulk stocks, showed strong gains, with Star Bulk (NASDAQ: SBLK) surging 15%, Eagle Bulk (NASDAQ: EGLE) up 13%, Scorpio Bulkers (NYSE: SALT) up 9%, Golden Ocean (NASDAQ: GOGL) up 8% and Genco (NYSE: GNK) up 7%.
Tanker stocks were conspicuously absent from the party.
At...
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