The declines in the morning are broad. The best-performing stock on the large-cap list OMXS30 is, just before lunch, the clothing giant H&M, which is up 1.1 percent.
The major bank Nordea, which is reporting better-than-expected quarterly results, is rising 0.3 percent.
The engineering company Sandvik is reporting increased profit for the first quarter, but the stock is falling 1.7 percent.
It's going better for the car safety company Autoliv, which, after its quarterly report, where they report a significant profit increase, is up around 5 percent.
In the USA, the stock exchange appears to be opening on a minus. In pre-trading, the Dow Jones is unchanged, the S&P is falling 0.6 percent, and the tech-heavy Nasdaq is down 1.2 percent. The decline on Nasdaq is led by the semiconductor giant Nvidia, which is losing around 5 percent in pre-trading. During the night, reports emerged that Nvidia will lose approximately 5.5 billion dollars due to new restrictions on exports to China.
