In trading on Wednesday, shipping shares were relative leaders, up on the day by about 0.4%. Leading the group were shares of Frontline (NYSE:FRO), up about 5.8% and shares of Seaspan (NYSE:SSW) up about 3.1% on the day.
Also showing relative strength are defense shares, up on the day by about 0.4% as a group, led by Huntington Ingalls Industries (NYSE:HII), trading higher by about 8.1% and Gencorp (NYSE:GY), trading lower by about 0.7% on Wednesday.
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