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ASML Holding's Options Frenzy: What You Need to Know
Media M&A and Live Events to Drive Tech Sector Growth in 2025
European stock markets fell as the Federal Reserve turned hawkish on interest rate prospects.
European stock markets fell after hawkish remarks from the Federal Reserve indicated that interest rate cuts next year would be fewer than expected. The Stoxx Europe 600 Index closed down 1.5%, with all sectors declining. Semiconductor stocks also fell after Micron Technology issued a disappointing revenue forecast, dragging down European chip equipment manufacturers including ASML Holding and BE Semiconductor Industries NV. Federal Reserve officials cut rates by 25 basis points as expected, but adjusted the outlook for further rate cuts next year, as the 2% inflation target remains difficult to reach. The US stock market rebounded slightly on Thursday, indicating the previous trading.
European Shares Fall as Fed Turns Hawkish on Rates Outlook
European Chip Stocks Fall After Micron's Downbeat Outlook, Fed Decision -- Market Talk
Will there be only one interest rate cut next year? The Federal Reserve suddenly releases hawkish signals, causing Wall Street to collectively fall into panic.
The Federal Reserve lowered interest rates by 25 basis points as expected on Wednesday, but this did not stop investors from mass selling off risk Assets.
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