The Philadelphia semiconductor index has surged 28 percent since U.S. stocks bottomed on Dec. 24, outpacing all other S&P 500 sectors. Stunned by the turnaround, Wall Street stock pickers say the seven-week streak of gains is unlikely to last amid a slowing economy and trade strife with China. “Semiconductor stocks have been rising on bad news,” Raymond James analyst Chris Caso said in an interview.
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