U.S. stocks

The Drop Has Come For LNG Shipping Stocks

Credits: Chris Pagan/ Unsplash

A recent news article published in the UP-Indices states that LNG shipping stocks: The drop has arrived.

5% lost last week

The UP World LNG Shipping Index (UPI), the world’s only stock index focused on LNG shipping companies, lost 5% last week. U.S. stocks represented by the S&P 500 (SPX) index lost 3.37%.

The UP World LNG Shipping Index started declining, as we expected. UP Index did an all-time high before the decline, and its gains are still huge for this year. SPX...

https://mfame.guru/the-drop-has-come-for-lng-shipping-stocks/

The Drop Has Come For LNG Shipping Stocks

Credits: Chris Pagan/ Unsplash

A recent news article published in the UP-Indices states that LNG shipping stocks: The drop has arrived.

5% lost last week

The UP World LNG Shipping Index (UPI), the world’s only stock index focused on LNG shipping companies, lost 5% last week. U.S. stocks represented by the S&P 500 (SPX) index lost 3.37%.

The UP World LNG Shipping Index started declining, as we expected. UP Index did an all-time high before the decline, and its gains are still huge for this year. SPX...

https://mfame.guru/the-drop-has-come-for-lng-shipping-stocks/

Uncertain LNG Shipping Stock Market

A recent news article published in the Up-Indices deals with LNG shipping stocks: Direction undecided.

UPI gains last week

The UP World LNG Shipping Index (UPI), the world’s only stock index focused on LNG shipping companies, gained 0.53% last week. U.S. stocks represented by the S&P 500 (SPX) index gained 5.90%.

The past week brought mixed developments, with no shortage of big rises and falls. As a result, the UP index strengthened slightly, but it was not enough to cancel the potential Head and...

https://mfame.guru/uncertain-lng-shipping-stock-market/

Oil Market Makes a Come Back After Three Weeks

According to a recent news report in the Bloomberg, written by Claire Ballentine and Vildana Hajric, stocks are mixed and oil price rises most in almost three weeks.

Stocks mixed

U.S. stocks

Most of the U.S. stocks were mixed.  This scenario prevailed as the investors happen to sell some of the high-flyers pushing the U.S. equities to record highs.

Crude oil rallied and the dollar went on to touch a one-week high.

Stock market index
  • The S&P 500 approached its all-time high reached prior to the...

https://mfame.guru/oil-market-makes-a-come-back-after-three-weeks/

U.S. Economy Shrinks At Record 32.9% Pace in Q2

  • U.S. economy suffered its sharpest downturn since at least the 1940s in the second quarter.
  • COVID-19 has ravaged businesses across the country and left millions of Americans jobless.
  • Gross domestic product shrank 9.5% in the second quarter from the first.
  • It is a drop that equals an annualized pace of 32.9%, steepest annualized decline dating back to 1947.
  • Personal spending slumped an annualized 34.6%, also the most on record.
  • The number of Americans filing for unemployment benefits increased...

https://mfame.guru/u-s-economy-shrinks-at-record-32-9-pace-in-q2/