Surging US share buybacks offer support to sputtering market

February 20, 2022 3:06 PM

NEW YORK (BLOOMBERG) – US companies are stepping up share buybacks, supporting a struggling stock market in the face of mounting geopolitical tension and fears that earnings growth will wane once the Federal Reserve raises interest rates.

Source : https://www.straitstimes.com/business/companies-markets/surging-us-share-buybacks-offer-support-to-sputtering-market