European shares fall as ASML warns US tariffs cloud outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 16 2025
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Source: Reuters
European Market Decline: European shares fell 1.3% due to concerns over U.S. tariffs affecting chip supplier ASML's outlook, with semiconductor firms experiencing significant losses and the technology sector leading declines.
Corporate Earnings Outlook: Analysts predict a 3% drop in first-quarter profits for European companies amid rising uncertainty from tariffs, while defensive sectors like utilities and food remain stable; attention is also on the upcoming European Central Bank policy meeting.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
