Shipping stocks took a beating Monday, while the stock market had its worst day of 2019 thanks to new volleys fired in the US-China trade war.
The S&P 500 and Dow Industrial Average both slid nearly 3%, while the Nasdaq Composite fell 3.47% as China allowed the yuan to drop below 7 per dollar.
Meanwhile, every single New York-traded shipping stock ended the day in the red, save Hornbeck Offshore which inched up $0.09
