Geopolitics Alpha

US stocks edge back from record after first big batch of profit reports for summer

Published . Updated .

US stocks edge back from record after first big batch of profit reports for summer The Journal Gazette

Directly affected

  • No company is named in this report.

Indirectly affected

  • ZIM ZIM Integrated Shipping

    Container lines are exposed when a shipping lane is disrupted

  • MATX Matson

    Container lines are exposed when a shipping lane is disrupted

  • DAC Danaos

    Ship owners earn more when vessels are tied up longer

  • GSL Global Ship Lease

    Ship owners earn more when vessels are tied up longer

  • SBLK Star Bulk Carriers

    Dry-bulk carriers move with commodity shipping demand

  • GOGL Golden Ocean

    Dry-bulk carriers move with commodity shipping demand

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ZIM———————
MATX———————
DAC———————
GSL———————
SBLK———————
GOGL———————

US stocks edge back from record after first big batch of profit reports for summer The Journal Gazette

Source: The Journal Gazette

Shipping

SPY
XLI

How solid the shipping case looks

12 out of 100

“US stocks edge back from record after first big batch of profit reports for summer” scores 12 out of 100. The score uses 1 sources.