ASML Holding is trading 3.15% down now at €1450.40 after Morgan Stanley lowered its price target to €1,700 from €1,930, citing near-term China, capacity, and margin risks.
- Semiconductor-sector weakness is also weighing as rising Treasury yields, higher oil prices, and hotter U.S. producer inflation pressure high-growth technology shares.
- Broader European and U.S. market selling is amplifying the move.