Stockholm Stock Exchange set for red opening after sharp Nasdaq fall

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Stockholm Stock Exchange set for red opening after sharp Nasdaq fall
Photo: Fredrik Sandberg/TT

A barrel of North Sea oil costs $77.50 on Tuesday morning, about a dollar lower than yesterday.

Yesterday, the Stockholm Stock Exchange recovered during the day but still closed in the red. Pre-market trading indicates a decline in this morning's trading, pressured by the tech-heavy Nasdaq, which fell more than 1% yesterday, heavily weighed down by SpaceX, which plunged 16%.

Ahead of Wall Street's opening this afternoon, futures indicate further declines.

Overnight, Asian trading saw broad declines.

The krona has weakened further. One euro is again worth over eleven kronor, while the dollar is quoted at 9.64 kronor.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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