Capital spending among companies in the S&P 500 in the third quarter is set to top $200 billion, according to S&P Dow Jones Indices, which analyzed data through Monday from roughly 90% of index components. That is on pace for a jump of about 20% from a year earlier, roughly in line with the first and second quarter’s growth rates.
Spending on categories like real estate, equipment and technology is usually welcomed by investors and viewed as a sign of confidence from executives who are trying to expand operations and fuel growth.
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