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Semiconductor Stocks ‘Beginning to Show Signs of Bottoming’

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A Wells Fargo analyst told investors in a note Friday that semiconductor stocks are "beginning to show signs of bottoming."

While the analyst sees signs that the downside move may be nearing an end, he also stated that the firm is not yet fully confident that there has been a full/appropriate downward reset.


Investors' anxiety about stock market turbulence is fast approaching levels associated with heightened fear as the S&P 500 looks set to wrap up its worst weekly showing in three months.





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