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Need to Know: As the S&P 500 hits turbulence, here’s a corner of the stock market to hide in

It easily could be a tough day for stocks, as traders are worrying about “Spar-a-Lago” and moping about yesterday’s ugly finish.

Why exactly does the stock market keep wallowing below its March 1 peak?

Analysts have a list of potential culprits: the Donald Trump-Xi Jinping summit that starts today in Florida, fears that tax cuts won’t come soon, and the Fed’s plans to pare back its stockpile of bonds. Jefferies strategists, however, sound tired of the finger-pointing.

“Just as the rise in markets can be attributed to a whole host of reasons, so can declines,” say chief global equity strategist Sean Darby and his colleagues.

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