European Stocks Slide After ASML's Underwhelming Guidance

European Stocks Slide After ASML's Underwhelming Guidance

European stocks were dropping connected Wednesday arsenic investors weighed up commercialized tensions and reacted to an underwhelming acceptable of net from Dutch spot instrumentality shaper ASML.

The continent's flagship Stoxx 600 scale fell 0.8% successful greeting trading. Frankfurt's Dax was down 0.5%, London's FTSE 100 slipped 0.4%, and Paris's CAC 40 was 0.5% lower.

ASML shares dropped 4.6% aft the institution said it expected income of betwixt 7.2 cardinal euros ($8.2 billion) and €7.7 cardinal for the existent quarter, beneath the €7.8 cardinal had forecast. It said its guidance scope was larger than accustomed owed to uncertainty astir U.S. President Donald Trump's tariffs.