Oil prices and long-term market yields are down slightly. But the market is still clearly uncertain about the valuations of AI stocks, which is putting downward pressure on tech stocks ahead of Wednesday's report from chipmaker Nvidia.
Samsung Electronics plunged by almost 9 percent on the Seoul Stock Exchange, while e-commerce giant Alibaba plunged by almost 10 percent on the Hong Kong Stock Exchange after news of a new share issue worth almost SEK 97 billion.
The Stockholm Stock Exchange's OMXS index ended last week up 0.9 percent and has risen 9 percent since the turn of the year.
