Aug 4 (Reuters) - Loews Corp ( L ) reported a rise in

second-quarter profit on Monday, helped by higher investment

income and strong performance in its insurance unit.

U.S. stocks staged a rebound following weeks of

tariff-driven turbulence, as signs of easing trade tensions and

hopes for renewed trade negotiations between Washington and key

trading partners helped calm investor nerves, easing fears of a

prolonged economic fallout.

The New York-based company's investment income rose to $714

million in the quarter compared with $639 million a year

earlier.

The company rakes in the bulk of its revenue from CNA

Financial ( CNA ), the insurance giant in which it owns a

dominant 90% stake, according to LSEG data.

Loews' ( L ) insurance unit's property and casualty catastrophe

losses were $62 million, compared with $82 million a year

earlier, while net written premiums increased by 6%.

Spending on insurance products by individuals and

corporations has remained resilient despite economic

uncertainty.

Net income attributable to Loews ( L ) rose to $391 million, or

$1.87 per share, in the three months ended June 30, compared

with $369 million, or $1.67 per share, a year earlier.

Loews ( L ), which also operates in energy, hospitality and

packaging through subsidiaries including Boardwalk Pipelines,

Loews Hotels and Altium Packaging, reported total revenue of

$4.56 billion, up from $4.27 billion last year.

The company's stock rose nearly 6.6% so far this year,

compared with the 6.1% rise in the benchmark S&P 500 index

.