In trading on Thursday, shipping shares were relative leaders, up on the day by about 1.5%. Leading the group were shares of Dryships (DRYS), up about 13.5% and shares of Navios Maritime Holdings (NYSE:NM) up about 7.7% on the day.
Also showing relative strength are television & radio shares, up on the day by about 1.4% as a group, led by Tribune Media Company (TRCO), trading higher by about 5% and AMC Networks (NASDAQ:AMCX), trading higher by about 4.6% on Thursday.
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