Heavyweight ASML plummet on the Damrak, Wall Street stays close to home after rumor dismissal Powell
Chip machine manufacturer ASML loses 11.4 percent on Wednesday after presentation of the quarterly figures. The share has a weight of 15.7 percent in the AEX, and therefore drags the index down considerably. The AEX eventually closes with a loss of 2.3 percent. According to analyst Jean-Paul van Oudheusden of Etoro, ASML is unnecessarily careful in his prognosis and the stock market reaction is heavily exaggerated. Wall Street opened a little higher, but stays close to home after rumors that President Donald Trump wants to dismiss Fed chairman Jerome Powell. The euro won 0.3 percent compared to the dollar.
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