The day started clearly lower, but unexpectedly low June inflation in the US reduced upward pressure on market interest rates and slowed the decline. Later on Tuesday, Trump backed down from his proposal to impose tariffs on all shipping through the Strait of Hormuz.
Ericsson's stock fell 12.6 percent after a report in which the company reported poorer margins in the network business.
Construction group Peab's shares rose 4.2 percent after an unexpectedly strong quarterly report.
The leading European stock exchanges rose slightly during the day.
The price of North Sea oil (Brent) is around $84 per barrel.
Since the turn of the year, the OMXS index has risen 4.9 percent.
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