Share Buybacks and Rampant Corporate Spending are the Stock Market's Saving Grace
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There's a lot of Delta anxiety weighing on markets these days, but investors are pointing to one reason it's OK to relax: U.S. companies have hoards of cash.
They're also spending it, making large capital outlays to build factories and buy back shares, moves that analysts believe will boost stock prices to close out the year.
Source Fool.com
