The United States will withdraw from the Paris climate agreement, President Trump confirmed on Thursday afternoon in a speech. The widely anticipated decision comes in spite of a broad push from American companies, business leaders, politicians and even many in the president's own inner circle to remain in.

Shares of Alliance Resource Partners (ARLP) , SunCoke Energy (SXC) and Arch Coal (ARCH) rose following the news. 

More from TheStreet:

More from Video

Tech Stock Predictions for 2019

Tech Stock Predictions for 2019

Jim Cramer Says That This Is a Question All Investors Must Ask Themselves

Jim Cramer Says That This Is a Question All Investors Must Ask Themselves

Gold to Retake Reins; Palladium to See 'Tremendous Gain' in 2019

Gold to Retake Reins; Palladium to See 'Tremendous Gain' in 2019

What to Expect From the Markets in 2019 According to an Abbott Downing Executive

What to Expect From the Markets in 2019 According to an Abbott Downing Executive