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Stock impact report

Stocks Plummet on Semiconductor Weakness and Powell Comments [Globe and Mail, The (Toronto, Canada)]

ASML Holding N.V. - New York Registry Shares (ASML) 
Last asml holding n.v. - new york registry shares earnings: 4/15 01:00 am Check Earnings Report
Stock indexes on Wednesday sold off sharply. Semiconductor stocks plunged on Wednesday to lead the overall market lower. Nvidia closed down more than -6% after the US government barred the sale of its H20 chips to China, with Nvidia saying the ban will cost it $5.5 billion in Q1 tied to inventory and commitments for the chips. Also, ASML Holding NV closed down more than -7% after reporting that Q1 bookings were below consensus. Stocks added to their losses Wednesday after the WTO cut its 2025 global trade estimates. The rout in stocks deepened Wednesday afternoon as the indexes sold off further on remarks from Fed Chair Powell, who warned that trade tensions could spur inflation and slow growth, and that the Fed was in no hurry to cut interest rates. Wednesday's US economic news was mostly better than expected and was a supportive factor for stocks. Stocks also found some support from a Bloomberg report that said China wants to see a number of steps from the Trump administration bef Show less Read more
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