U.S. miners get a boost from Trump coal comments to Davos, Bloomberg reports

President Donald Trump encouraged coal as a viable source of U.S. power during a video address on Thursday to the World Economic Forum in Davos, Switzerland, writes Will Wade for Bloomberg… President trump extolled the attributes of coal during his talk saying at one point “Nothing can destroy coal. Not the weather, not a bomb,” added the Bloomberg story.. Peabody Energy (BTU), a prominent US coal producer spiked 8% on the comment. Core Natural Resources (CNR) also traded higher.. Other publicly traded companies in the coal sector include include Alliance Resource Partners (ARLP), Arch Resources (ARCH), Consol Energy (CEIX) and Peabody Energy (BTU).