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Trump's Tariff Gamble Pressures the Stock Market

After yesterday's positive atmosphere – The Stockholm Stock Exchange clearly turns downward as Thursday's trading begins. The USA's tariff threats against the EU are pressing.

» Published: February 27 2025 at 07:20

Trump's Tariff Gamble Pressures the Stock Market
Photo: Fredrik Sandberg/ TT

After a few minutes of trading, the broad OMXS index has fallen by 0.6 percent. The decline is broad, with almost all heavyweights falling. A few are going against the trend, including truck giant Volvo, which is up by half a percent.

Last night's hot quarterly report from data chip giant Nvidia, which came after the market closed, fell somewhat short of expectations for stock speculators. Although investors had expected even more, the report still beat analysts' forecasts. However, American EU tariffs of 25 percent, which President Donald Trump mentioned yesterday, are causing concern.

There were relatively small changes on US stock exchanges last night. Ahead of the opening on Wall Street later today, futures trading is indicating rising indexes.

During overnight Asian trading, there was a slight increase in Tokyo but a slight decrease in Hong Kong.

The krona has weakened against the dollar by 3-4 öre to 10.65 compared to Wednesday. One euro costs 11.16.

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By TTThis article has been altered and translated by Sweden Herald
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