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EQUITIES: EuroStoxx50 Heads into Close Near Day's Lows on Early ASML Results

EQUITIES
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  • EuroStoxx 50 futures head into the daily close near the day's lowest levels, with the index having dropped around 70 points on the early release of ASML's earnings. While originally scheduled for October 16th, ASML seemingly released the results early on their website - prompting a slide in company shares after bookings miss forecast and they cut their outlook on both net sales and gross margins for 2025. 

  • ASML shares are lower by 13% at typing, dragging on competitor names in both Europe and the US. Full company presentation is found here: https://www.asml.com/en

     

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  • EuroStoxx 50 futures head into the daily close near the day's lowest levels, with the index having dropped around 70 points on the early release of ASML's earnings. While originally scheduled for October 16th, ASML seemingly released the results early on their website - prompting a slide in company shares after bookings miss forecast and they cut their outlook on both net sales and gross margins for 2025. 

  • ASML shares are lower by 13% at typing, dragging on competitor names in both Europe and the US. Full company presentation is found here: https://www.asml.com/en