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Forbes reported that a bullish outlook for coal caused coal miner shares to rise.
Forbes reported that a bullish outlook for coal caused coal miner shares to rise.
The market news is quoted as saying:
Dahlman Rose & Co. analyst Daniel Scott wrote in a note to investors that the sector should see gradually increasing volumes for its products. He expects to see rising prices for thermal coal in the U.S., which is used to generate electricity.
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| Commodities | |||
|---|---|---|---|
| Gold | 2386.22 | +4.42 | |
| Silver | 28.77 | -0.12 | |
| Copper | 4.34 | -0.04 | |
| Oil | 86.14 | +0.73 | |
| Heating Oil | 2.68 | +0.02 | |
| Natural Gas | 1.70 | +0.01 | |
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