Coal stocks keep up their hypersensitivity to data on the direction of China's economy, falling...

|By:, SA News Editor

Coal stocks keep up their hypersensitivity to data on the direction of China's economy, falling hard on today's weak PMI number. It's not without some merit though, given that China consumes a whopping 1.3B short tons a year of coal - 24% more than the U.S. manages to burn. Decliners: PCX -4.9%, CNX -3.9%, ANR -3.9%, BTU -3.2%.