IGW

IGW

Semiconductors Underperform

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Semiconductor stocks have underperformed the broader market as the outlook for the tech sector has become more uncertain. The exchange traded fund S&P North American Technology-Semiconductors Sector Index Fund (IGW) with top holdings including Texas Instruments, Intel and Applied Materials, is down 15% since the beginning of May.

IGW

Semiconductors Cool Off

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After a strong finish in 2009, semiconductor stocks have pulled back in the first couple of trading weeks of the new year. The iShares S&P North American Technology-Semiconductors Index Fund (IGW) is down nearly 5% since the beginning of 2010 compared to a plus 2% performance for the broader market.