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‘Robust’ corporate cash may buoy stocks after rocky quarter

As the U.S. stock market ends a rocky first quarter, investors are looking at what could support equities in the coming months – with high cash levels at companies one potential boost as executives deploy resources for share buybacks, dividends or deals. The S&P 500 posted its first quarterly loss since the beginning of the pandemic, although it rebounded in March, reducing the benchmark index’s year-to-date decline to about 5% from as much as 12.5% at the quarter’s low point. The ability of companies to deploy cash could help soothe investors about some of that unease.

Market Snapshot: U.S. stocks end lower, with Dow, S&P 500, Nasdaq booking biggest quarterly loss in two years

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