Cash Balance Grows 5.7% Year-Over-YearGuest Post
Cash Balance Grows 5.7% Year-Over-Year by Andrew Birstingl, FactSet
The S&P 500 (Ex-Financials) cash and short-term investments balance (cash) amounted to $1.45 trillion in the first quarter, which marked a 5.7% increase from the year-ago quarter and a 1% jump from Q4 2015. The balance in Q1 represented the largest cash total in at least 10 years.
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