Baltic Dry Index Up for 3rd Day, Still Posts Weekly Loss

What: The Baltic Dry Index rose 0.8% to **2031** points on Friday.
Why: The index was up for a third consecutive session.
Signal: The capesize index, which transports 150,000-ton cargoes, also advanced.
Target: The index still posted a weekly loss despite the daily gains.
Risk: The market remains uncertain with ongoing global economic fluctuations.