Weakening Fundamentals Push Coal ETF to New Lows
September 26, 2014 at 07:30 AM EDT
Amid a slowdown in Chinese demand and other overseas problems, the coal industry is losing energy, with the sector-specific exchange traded fund touching a one-year low. The Market Vectors-Coal ETF (NYSEArca: KOL) fell 1.9% Thursday and hit $17.22 per share, a 52-week low. Year-to-date, the ETF has...