A wave of AI concerns is sweeping the market after reports in The Wall Street Journal that AI company OpenAI missed sales and user targets.
At the same time, the price of oil is being pushed up by the uncertain situation surrounding the closed Strait of Hormuz and the conflict involving Iran. At 5:30 p.m., a barrel of North Sea oil was trading at just over $111 a barrel.
Among the heavy losers in Stockholm was Atlas Copco, which plummeted after its report and closed down 5.5 percent.
Packaging company Billerud fell even more heavily, losing over 13 percent as a result of an unexpectedly weak interim report.
The wave of concern comes ahead of a series of major reports from tech giants on Wall Street on Wednesday and Thursday.
The Stockholm stock exchange has now fallen for seven days in a row and is up 1.8 percent since the turn of the year.
