U.S. consumer inflation expectations fall in September; sentiment rises

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Semiconductor Stocks 'Beginning to Show Signs of Bottoming' - Wells Fargo

September 16, 2022 10:47 AM EDT

Wells Fargo analyst Aaron Rakers 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.

The analyst added... More