| The U.S. Supreme Court's decision to block federal regulations to curb carbon dioxide emissions failed to give a sustained boost to shares of the long-battered coal sector on Wednesday.
Shares of Cloud Peak Energy Inc was up 2.7 percent after surging when the market opened. After initially trading higher, Consol Energy Inc stock slipped 2.3 percent, and Peabody Energy Corp fell 0.9 percent. The Thomson Reuters U.S. coal index was off 3 percent against a 0.7 percent rise for the broader S&P 500 index...............................................Full Article: Source |