Trump's New Tariff Threats Spark European Stock Sell-Off
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 19 2026
0mins
Source: Benzinga
- Global Market Decline: Global equities experienced a significant sell-off on Monday, with the Euro STOXX 50 dropping 1.3% as investors reacted to President Trump's new tariff threats against Europe, highlighting market sensitivity to trade tensions.
- Luxury Stocks Hit Hard: French luxury giant LVMH saw its shares plummet nearly 4%, while German software leader SAP fell 2.4%, indicating that declines in large-cap stocks are exerting considerable pressure on benchmark indices amid economic outlook concerns.
- Gold Prices Reach New Highs: Amid rising market risk aversion, gold prices surged 1.6% to a record near $4,670 per ounce, reflecting strong investor demand for traditional safe-haven assets in uncertain times.
- Market Pricing Greenland Risk: Prediction markets indicate a 39% probability that Greenland-related tariffs will be implemented by February 1, suggesting that investors are increasingly attentive to the potential aggressive policies of the Trump administration.
Analyst Views on ASML
Wall Street analysts forecast ASML stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASML is 1344 USD with a low forecast of 1140 USD and a high forecast of 1500 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
6 Buy
1 Hold
0 Sell
Strong Buy
Current: 1454.590
Low
1140
Averages
1344
High
1500
Current: 1454.590
Low
1140
Averages
1344
High
1500
About ASML
ASML Holding N.V. is a holding company based in the Netherlands. The Company operates through its subsidiaries in the Netherlands, the United States, Italy, France, Germany, the United Kingdom, Ireland, Belgium, South Korea, Taiwan, Singapore, China, Hong Kong, Japan, Malaysia and Israel. The Company operates through one business segment which is engage in development, production, marketing, sales, upgrading and servicing of advanced semiconductor equipment systems, consisting of lithography, metrology and inspection systems. The Company offers TWINSCAN systems, equipped with lithography system with a mercury lamp as light source (i-line), Krypton Fluoride (KrF) and Argon Fluoride (ArF) light sources for processing wafers for manufacturing environments for which imaging at a small resolution is required. TWINSCAN systems also include immersion lithography systems (TWINSCAN immersion systems).
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.
