Share Buybacks and Rampant Corporate Spending are the Stock Market's Saving Grace

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.

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