logo
welcome
CNBC

CNBC

Maersk slumps 7% as the end of U.S. port strikes weighs on European shipping stocks

CNBC
Summary
Nutrition label

78% Informative

U.S. dockworkers and the United States Maritime Alliance on Thursday brokered a tentative deal on wages.

A prolonged strike would have provided a boost for European shippers to take a larger share of global supply chain demands.

Maersk shares pared losses slightly to trade down 7.2% by 8:44 a.m. time.

VR Score

88

Informative language

94

Neutral language

60

Article tone

formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links