Press Conferences, Meetings, & Summits By Maartje Wijffelaars, senior Eurozone economist at Rabobank Yesterday’s press conference by ASML’s CEO Fouquet did little to reassure investors. After a major drop in the company’s share price on Tuesday over disappointing orders, erasing some EUR 50bn of market value, shares fell another 5% on Wednesday – with some large swings during the day. ASML’s extended fall did drag down the Dutch AEX stock index on Wednesday, but didn’t have the broad scale ramifications for other chips stocks and tech heavy indices as was the case on Tuesday (US)/ Wednesday (Asia). Then, the aggregate… — Continue at ZeroHedge News : Read More
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