The global market experienced a notable sell-off recently, impacting various indices, including the UP World LNG Shipping Index (UPI) and the S&P 500. Despite the short-term declines, the LNG shipping sector anticipates a strong upcoming season, presenting potential buying opportunities. The UPI also rebalanced, adding Tsakos Energy Navigation (NASDAQ: TSE) as a new constituent.
UPI and S&P 500 PerformanceLast week, the UPI, which tracks listed LNG shipping companies, decreased by 1.52 points or...
https://mfame.guru/market-sell-off-impacts-upi-and-sp-500-lng-shipping-sector-anticipates-recovery/