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Support for semiconductor stocks could be as much as 15% lower than current levels, says Morgan Stanley

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Support for semiconductor stocks could be as much as 15% lower than current levels, says Morgan Stanley

The chief stock-market strategist for Morgan Stanley is sticking with a forecast that the S&P 500 will end the year at 8,000, but growing caution is on display as he identified that support for the key semiconductor sector could come considerably lower.

Support for semiconductor stocks could be as much as 15% lower than current levels, says Morgan Stanley

Source：MarketWatch

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Source：https://www.marketwatch.com/story/support-for-semiconductor-stocks-could-be-as-much-as-15-lower-than-current-levels-says-morgan-stanley-1f387f16