ASML warning dents European opening outlook- DAX futures deep in the red

The Dutch tech giant, ASML has just released their Q1 earnings report this morning. On the face of their earnings were pretty good, but that is not the thing that has the company and the markets worried. ASML have issued a stark warning on how it might perform in the months ahead due to lower bookings and that has helped to send the share price lower in the premarket this morning and further added to the downside traction right now across the US futures, especially in the Nasdaq 100. This has also weighed on the opening outlook for the broader European markets. The DAX was the best performing major European index yesterday, when it closed 1.43% higher, at 21,253, but it did not manage to vault that noted technical level, at 21,305 (100 day moving average). The high seen was set at 21,288 and the index later closed 298 points higher, at 21,253. The outlook for the opening this morning is not so hot though and earlier the DAX futures were pricing the opening below 21k. The current indication is for an opening around 21,010