Afternoon Update – Semis Rebound Bolsters Index Performance

3:37 p.m. ET Market conditions, internals and more importantly, the Tech sector, are all improving as the day goes on. Mega Caps (MGK +0.85%) are now outperforming the Equal Weight S&P (+0.6%) and Semiconductors (SOX +1.3%) are out of the red and into the green with 20 of 27 components now green. The group was…