S&P, Dow rise as U.S. retail sales data counters recession fears

(Reuters) – The S&P 500 and the Dow gained ground in a late rally on Thursday as upbeat retail sales data offset recessionary fears and simmering U.S.-China trade tensions. The Dow Jones Industrial Average rose 99.9 points, or 0.39%, to 25,579.32, the S&P 500 gained 7.02 points, or 0.25%, to Continue Reading

Mounting climate change fears push U.S. investors to assess geographical risks

NEW YORK (Reuters) – With an above-average percentage of its power generated from renewable sources and one of the largest battery storage operations in the United States, utility Sempra Energy seemed to check all the boxes for portfolio manager Todd Ahlsten, who manages more than $18 billion for Parnassus Investments Continue Reading

Global airlines slash profit forecast 21% on protectionism fears

FILE PHOTO: An airplane prepares to land at Cointrin airport in Geneva, Switzerland December 5, 2017. REUTERS/Pierre Albouy/File Photo SEOUL (Reuters) – Global airlines slashed a key industry profit forecast by 21% on Sunday amid concerns over an expanding trade war and higher oil prices. The International Air Transport Association, Continue Reading