U.S. MARKETS

摘要

Nov. 15-19 was not a great trading week for U.S. equities. The Dow Jones industrial average added just 10.97 points or 0.10% to finish at 11,203.55, while the S&P 500 gained 0.52 point or 0.04% to close at 1,199.73. As a group, coal stocks stood out and it's no surprise if you believe a new report from Standard Chartered that identifies coal as one of the best bets (along with copper) during the current super-cycle. The report argues that the global financial crisis delayed roughly 33 million tonnes of supply from new coal mines, which means there will be a global deficit of as much as 30 million tonnes by 2018. This shortage will push up coal prices, the report claims.