ASML Suffers Worst Day in 26 Years on Chipmaker Woes

Good morning. Semiconductor bellwether ASML suffers its worst day since 1998. Donald Trump defends his stance that growth from tariffs will outpace projected deficits. And Starbucks is whipping up an addictive brew...for teens. Listen to the day's top stories.

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Semiconductor company ASML plunged the most in 26 years after it booked only about half the orders analysts expected from chipmakers, a startling slowdown for one of the bellwethers of the industry. The weak results were amplified by the company mistakenly releasing its earnings report a day early. The news triggered a broad selloff in chip-related stocks, including Nvidia, and sent the Philadelphia Semiconductor Index tumbling 5.3%.