ASML is trading at $1406.68 (-3.03%) in pre-market as escalating Middle East tensions and US-Israel strikes on Iran drive a sharp global market downturn.
- Major indices are under pressure with the S&P 500 down 1.04% and NASDAQ falling 1.40%, while oil prices surged 9-10% following the closure of the Strait of Hormuz.
- The macro-driven selloff has overshadowed recent positive news regarding ASML's High-NA EUV tools being ready for mass production.