Pre-Market Report – Wednesday 16 October: US markets slip on ASML falls
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US equities ended lower near worst levels after Europe's most valuable chip company ASML -16% forecasted lower-than-expected 2025 sales, triggering a sell-off in the semiconductor sector. The Dow and S&P 500 fell from their record highs. Dow ended 325 points lower (-0.75%). Up 213 points. Down 362 points at worst. The S&P 500 slid 0.76% but held above 5,800, while small caps Russell 2000 finished just above flat line. The NASDAQ underperformed, off 1.01%, pressured by losses in Nvidia...
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