In trading on Wednesday, shipping shares were relative laggards, down on the day by about 1.9%. Helping drag down the group were shares of Genco Shipping (NYSE:GNK), down about 13.6% and shares of Navios Maritime Holdings (NYSE:NM) off about 7.6% on the day.
Also lagging the market Wednesday are precious metals shares, down on the day by about 1.4% as a group, led down by Caledonia Mining (CALVF), trading lower by about 7% and Midway Gold (AMEX:MDW), trading lower by about 6.4%.
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