Dow Jones Industrial Average plunged 631 points Wednesday after the Federal Reserve's first rate hike since 2023.
The S&P 500 and Nasdaq followed lower as Fed Chair Kevin Warsh signaled more hikes could be coming.
Winners: The Cash-Heavy and the Oil Tankers
Breakwave Tanker Shipping ETF (BWET) surged 3,600% year-to-date, the best-performing non-leveraged fund in the U.S., as Iran war disruptions lift shipping rates.