Marine stocks skyrocketed in New York Thursday as prior worries about the presidential election converted into optimism about the key proposals of President-elect Donald Trump.
The vast majority of shipping, cruise and offshore stocks in positive territory, and at least 16 equities rose by more than 10%.
The day saw the Dow Jones Industrial Average rise above 18,800 points for the first time ever as investors turned their focus from election uncertainty to the prospects that Trump will splash out on infrastructure spending while cutting taxes.
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