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Tech stocks are outperforming for the second straight session. Semiconductor stocks were a primary source of strength for the tech sector yesterday, when they collectively climbed more than 3%, but today they are down about 0.4%. Replacing semiconductors as tech leaders are Apple (AAPL 351.04, +8.63) and Qualcomm (QCOM 56.75, +1.48), which both posted pleasing quarterly reports. Western Digital (WDC 41.42, +0.75) has also provided a boost to the sector, even though the company's latest earnings were only in line with expectations and the firm offered downside guidance during its conference call.
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