Need to Know: Here’s a case for bailing on stocks as warning signs stack up

The stock market looks set to close out this year’s first half in a not-so-celebratory fashion, and that’s sparked plenty of hand-wringing.

As traders get ready for the second quarter’s finish, Fourth of July barbecues and earnings season’s kickoff in a couple of weeks, they have “have decided to lock in some profits starting with the biggest winners of late,” says Colin Cieszynski at CMC Markets.

They don’t see a fresh reason to buy stocks at a time when there’s a “lack of progress in Washington and the data from the U.S. warns about a slowdown in growth,” notes Konstantinos Anthis at ADS Securities.

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