Kevin Giddis, managing director at Raymond James, said that whether the positive sentiment "holds, or gains momentum, is anyone's guess." "Financial markets today are not pricing climate risk. The financial markets cannot do that on their own," Bob Litterman, chairman of the CFTC climate subcommittee, said in the report. ExxonMobil XOM Lawmakers and industry leaders have debated a price on carbon, such as a carbon tax, for decades. Other winners: Athleta, the athleisure label at Gap, saw sales increase 6% during its latest quarter, despite Gap's sales falling.

Source: CNN September 10, 2020 11:48 UTC