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European stocks fell again on Thursday, taking their cue from Asia on concerns about global growth and fading expectations of an imminent U.S. interest rate hike.
European stocks retreated on Wednesday, after weak earnings from mining giant Glencore, Danish brewer Carlsberg and others. The German parliament voted to approve the latest Greek bailout deal.
Chinese manufacturers of towers, turbines and other wind energy parts are investor favorites again.
The spike in oil is creating opportunities in renewable energy stocks, says David Richardson, Managing Director at Impax Asset Management.
China passes the U.S. as the largest wind power market in the world, but Chinese wind stocks fall on fears that explosive growth is waning.
Roger Nusbaum discusses how to allocate to this sector using ETFs as we await a market turnaround.
On Thursday the Texas Public Utility Commission takes up a significant wind power infrastructure initiative.