Coal ETF Burns Up as Global Economy Strengthens
January 08, 2018 at 15:11 PM EST
A growing economy and improving manufacturing activity in Asia, notably China, have fueled demand for coal and bolstered the coal miner-related exchange traded fund. The VanEck Vectors Coal ETF (NYSEArca: KOL) gained 2.4% Monday and has been breaking out to new 52-week highs. KOL is up 14.5% over...