Baltic Dry Index rises 1.85% to 2,593 points

The Baltic Dry Index is a real-economy trade gauge rather than a sentiment one, so a move of this size speaks to actual demand for moving iron ore, coal and grain — the physical flows that sit upstream of a lot of commodity and RWA supply-chain exposure. It matters most for shippers, commodity traders and anyone tracking whether global goods activity is holding up. A single session's gain is thin evidence on its own; whether the index builds on this or fades is the open question worth watching.