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Morning Bid: Stocks stunned by ASML curveball, pound plunges

By Yahoo! Finance   |   Oct 16, 2024 at 06:17 AM EST
Morning Bid: Stocks stunned by ASML curveball, pound plunges

World markets struggled due to weak orders outlook from Europe's ASML impacting the global chip sector. Bond markets saw yields decline amidst falling oil prices and European disinflation. U.S. Treasury yields fell, with expectations of a rate cut. Stocks faced volatility, with ASML and Nvidia shares affected.

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