BofA's report follows a 16% rebound in the Philadelphia Semiconductor Index <.SOX> from its March 14 low through Thursday, helped by a broad recovery in growth stocks. With the SOX dropping 1.4% on Friday, the highly volatile index remains down about 14% from its record high close last December.
Positive
Positive
Philadelphia Semiconductor Index
Negative
Negative
SOX
Neutral
Neutral
BofA