The minister asserted that available coal stocks will last for a month and availability is getting replenished on a daily basis with record production.
Dollar remains up slightly versus major rivals after ADP data (SPY +0.4%). Oil rebounds on bullish API Inventory Data.
Here is the current market situation from CNN Money
European markets are mixed today. The CAC 40 is up 1.86% while the DAX gains 0.54%. The FTSE 100 is off 0.01%.
What Is Moving the Markets
Here are the headlines moving the markets.
Naked Short Selling: The Truth Is Much Worse Than You Have Been Told There is a massive threat to our capital markets, the free market in general, and fair dealings overall. And no, its not China. Its a homegrown threat that everyone has been afraid to talk about. Until now. That fear has now turned into rage. Hordes of new retail investors are banding together to take on Wall Street. They are not willing to sit back and watch naked short sellers, funded by big banks, manipulate stocks, harm companies, and fleece shareholders. The battle that launched this week over GameStop