The Nasdaq index reached a new high, French stocks rose, the south korea etf narrowed after a 7% drop, and the offshore yuan briefly fell below 7.31 yuan.
South Korean President Yoon Suk-yeol abruptly declared a state of emergency, boosting safe-haven assets such as U.S. Treasury bonds, Japanese yen, and gold, while cryptos on the South Korean exchange plunged. The South Korean parliament quickly passed a resolution to lift the state of emergency, with the Ministry of Finance and the central bank actively working on market rescue measures. After a 2.7% drop to a two-year low, the won’s decline was cut in half, South Korean etfs fell by 1.6%, and the yield on 10-year U.S. Treasury bonds turned to increase after hitting a new low in over a month. France is set to vote on dissolving the government as early as Wednesday, with French stocks following European markets upward, although they had previously declined during the day. The Dow Jones, small cap stocks, and semiconductor indices fell, while the China concept index once rose by 1.9%. The yuan hit a new low in a year during the day, and U.S. oil rose nearly 3% testing the $70 mark.
ASML (ASML) Exceeds Market Returns: Some Facts to Consider
European stock markets are rising, and the Germany DAX index has broken through the 20,000 point mark.
Germany's major stock index broke through 20,000 points for the first time, European stock markets rose for the fourth consecutive trading day, investors are bearish on French political risks. The Stoxx 600 index closed up 0.4%, marking the longest consecutive daily gain since August. The French CAC 40 index rose by 0.3%. Construction and retail stocks outperformed the large cap, while defensive sectors such as telecom, real estate, and the csi sws food & beverage index performed the worst. In terms of individual stocks, ASML Holding rose after reiterating its forecast for net sales in 2025. Concerns about potential US tariffs, geopolitical risks, and sluggish regional economies have weighed on European stock markets since they peaked in September.
Industry associations collectively call on domestic companies to be cautious in purchasing usa chips. Institutions provide this analysis as overseas semiconductor giants have repeatedly increased their investment in the china market.
① China has become the most important application market for the global IC industry. Institutions analyze that the new round of export controls by the usa has fractured the global semiconductor market and may also limit the development of usa's own enterprises; ② In the past two years, several overseas semiconductor companies have chosen to increase their investment in the china market and value the growth opportunities of chinese customers.
Market Whales and Their Recent Bets on ASML Options
Today's Analyst Rating | Roth MKM Upgrades Tesla to Buy, Netflix Price Target Raised to $950 by Evercore
Dec 3, Wall Street analysts have updated their stock ratings today including $Tesla(TSLA.US)$ and $Netflix(NFLX.US)$.
BNP Paribas Initiates ASML Holding(ASML.US) With Buy Rating, Announces Target Price $858
UBS Sticks to Their Hold Rating for ASML Holding NV (0QB8)
Express News | ASML Holding NV : Exane BNP Paribas Reinitiates Coverage With Outperform Rating; Target Price $858
ASML and Van Gogh Museum Extend Innovative Partnership Focused on Preservation of Van Gogh's Masterpieces
Hong Kong stock market morning report on December 3: The NASDAQ and S&P in the US set new highs again. China Resources consortium acquired a land plot for 18.5 billion yuan.
① The manufacturing index from the usa Supply Management Association rose by 1.9 points, with most categories in the index showing improvement. ② The French Prime Minister announced a bypass of parliament to forcibly pass the budget bill. ③ Federal Reserve Governor Waller expressed a tendency to lower interest rates again in December. ④ The usa Department of Commerce released new export control measures on semiconductors to China, and the Department responded. ⑤ The usa stock market's Nasdaq and s&p 500 index both reached new historical highs.
Express News | U.S. stocks closed mixed, with the Dow down 0.29%, the Nasdaq up 0.97%, and the s&p 500 index up 0.24%. Both the Nasdaq and s&p 500 index reached new historical highs again. Chip stocks strengthened, with taiwan semiconductor rising over 5%, Arm Holdings
ASML Assesses Potential Impact of New US Restrictions on Export of Chip Manufacturing Technology
ASML Says Updated U.S. Controls Contain Additions To List Of Restricted Technologies Including Software, Metrology; Says If Dutch Align With U.S. "Exports Of DUV Immersion Lithography Systems" To Additional Chinese Fabs Could Be Affected; Says It...
ASML Does Not Expect Direct Material Impact On Business In 2024; Still Sees 2025 Net Sales €30 Billion - €35 Billion, Vs €32.56 Billion Est.
Express News | ASML Holding: Expected net sales of 30 billion to -35 billion euros in 2025, with analysts predicting 32.56 billion euros.
Express News | ASML Holding: Evaluating the potential impact of the new usa semiconductor control measures.
Marjorie Taylor Greene Discloses Buys of AMD, Alphabet, Microsoft, Others
ASML Holdings Says Long-Term Scenarios For Demand In SemiConductor Industry Are Not Expected To Be Impacted By New US Export Regulations
Express News | ASML holding stated that regarding the updated usa export restriction regulations, the company is assessing the potential impact of the new regulations.