‘Nice underpinning to the market’: Buybacks may prop stock market rattled after Fed meeting
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Stock buybacks are on a tear, with potential to help prop up a U.S. stock market startled by the Federal Reserve’s policy meeting this past week. “Buybacks can be a nice underpinning to the market if we do see a pullback in the summer,” said Jack Caffrey, an equity portfolio manager at J.P. Morgan Asset Management, […]
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