🟢 ASML is trading 6.3% up today on US-Iran ceasefire and broad market rally

ASML is trading at $1388.32 (+6.27%) in pre-market, aligning with a broad global market surge after a US-Iran ceasefire reopened the Strait of Hormuz.

• Major indices are trading sharply higher with the S&P 500 up 2.47% and NASDAQ gaining 3.23%, while oil prices plunged 15% to $95.67.
• Asian markets rallied overnight in response to the geopolitical breakthrough, led by the Nikkei (+5.5%) and Kospi (+7.1%).
• Geopolitics are currently dominating price action, overshadowing yesterday's MATCH Act concerns as no new company-specific news was reported for April 8.