The Stockholm Stock Exchange is opening with falling prices, thus following yesterday's downturn on the US stock exchanges.
After just a few minutes of trading, the broad OMXS index has fallen by 0.7 percent.
US Federal Reserve Chairman Jerome Powell signaled caution regarding further interest rate cuts yesterday, which caused the stock market temperature to fall. Ahead of the opening on Wall Street later today, futures trading is pointing to continued falling indices.
Among the Stockholm Stock Exchange's heavyweights, heat pump manufacturer Nibe is surging after its quarterly report, up seven percent. Otherwise, it's mostly down among the major companies, with Astra Zeneca performing the worst, nearly two percent down.
The krona is still fluctuating around eleven kronor per dollar.
The oil price has turned downward again. A barrel of North Sea oil costs under 71.40 dollars in the morning.
The Bitcoin exchange rate has fallen back and now costs 87,500 dollars, after peaking at 93,000 yesterday.
