Investing.com-- Most Asian stocks fell on Wednesday, as technology shares, particularly chipmakers, were battered by a weak outlook from industry bellwether ASML.
Regional markets took a weak lead-in from Wall Street, as a fall in heavyweight chipmaking stocks dragged U.S. benchmarks from record highs. U.S. stock index futures were steady in Asian trade, with focus on more upcoming third-quarter earnings reports.The Dutch company is a leading supplier of cutting-edge chipmaking equipment, and acts as a bellwether for the sector. ASML’s U.S. shares - the world’s biggest chipmaker- fell 2% in Taipei trade, tracking losses in ASML.