These stocks are close to forming the dreaded death cross pattern

There's trouble looming for some stocks even as the market trades near record highs. The S & P 500 and Nasdaq Composite hit fresh record highs Wednesday after the latest consumer price index reading — a widely followed inflation gauge — was unchanged in May month over month, raising hope for Federal Reserve rate cuts later this year. Economists polled by Dow Jones expected a slight gain. But broader market's momentum isn't translating into strong performances for some stocks.

Corporation Laboratory equipment maker

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