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September 01, 2020 10:18am
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A Shipping ETF Surges after the Suez Canal Logjam

An exchange traded fund that tracks dry bulk freight shipping rates surged Thursday after a ship logjam in the Suez Canal halted global commerce. Among the best performing non-leveraged ETFs of Thursday, the Breakwave Dry Bulk Shipping ETF (NYSEArca: BDRY) jumped 10.2%. BDRY has already increased...
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