After a few minutes of trading, the broad OMX index has fallen by half a percent. Among the heavyweights in the OMXS30 index, it is only a few, traditionally defensive stocks that are on the plus side, such as telecom operators Telia and Tele2, plus half a percent.
Among the losers are industrial giants such as ABB and Atlas Copco, which are losing around one percent each.
Also in Asia, the leading indexes followed down since the US technology-heavy Nasdaq index turned down 1.5 percent during yesterday evening.
The decline in the US seems to continue this afternoon, according to futures trading.