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Banks and chip giants drove down the US stock market
Business News

Banks and chip giants drove down the US stock market

Declines in bank and IT giant stocks led the New York Stock Exchange's leading index to fall on Wednesday.
Bank of America reports stronger-than-expected Q4 2025 results as interest and trading income beat expectations
Business News

Bank of America reports stronger-than-expected Q4 2025 results as interest and trading income beat expectations

The major bank, Bank of America, reports stronger-than-expected results for the fourth quarter of 2025. Both interest income and trading income beat expectations
Stock market falls marginally, Nobia share price collapses
Business News

Stock market falls marginally, Nobia share price collapses

The broad OMXS index on the Stockholm Stock Exchange fell 0. 1 percent on Wednesday, while gold and silver prices rose to record levels
JPMorgan reports higher-than-expected fourth-quarter revenue
Business News

JPMorgan reports higher-than-expected fourth-quarter revenue

The major American bank JPMorgan Chase & Co. reported $46
Credit card companies fell on the US stock market after President Donald Trump announced a 10 percent interest rate cap on credit card debt
Business News

Credit card companies fell on the US stock market after President Donald Trump announced a 10 percent interest rate cap on credit card debt

Credit card companies and banks tumbled on the New York Stock Exchange on the first trading day of the week. Wall Street's leading index rose marginally
Trump's interest rate cap hits banks, Klarna lifts
Business News

Trump's interest rate cap hits banks, Klarna lifts

Banks that are big in credit cards are being squeezed lower in futures trading ahead of this week's Wall Street trading. Heavyweights like Capital One, JPMorgan Chase and Citigroup are down 4% to 10%, while buy-now-pay-later companies like Klarna and Affirm are up significantly
Stockholm Stock Exchange reaches new record levels
Business News

Stockholm Stock Exchange reaches new record levels

The Stockholm Stock Exchange ended the third trading day of the year at record highs, with substantial gains among several major companies. The OMXS rose 2
Stockholm Stock Exchange rises after Fed announcement
Business News

Stockholm Stock Exchange rises after Fed announcement

The Stockholm Stock Exchange started Thursday's trading slightly lower but regained its courage and turned around. At closing, the broad OMXS index had risen 0
Volvo tops positive stock market
Business News

Volvo tops positive stock market

The Stockholm Stock Exchange ended the trading week slightly higher, led by truck manufacturer Volvo. The broad OMXS index rose 0
The stock market rose after the US announcement
Business News

The stock market rose after the US announcement

The Stockholm Stock Exchange rose broadly on Monday after the announcement from the US that the government shutdown appears to be coming to an end. 25 of 30 heavyweight stocks closed in the red
JP Morgan Surpasses Q3 Expectations with Strong Investment Banking Results
Business News

JP Morgan Surpasses Q3 Expectations with Strong Investment Banking Results

The American major banks JP Morgan, Goldman Sachs and Wells Fargo all report a result above expectations for the third quarter.
H&M Stock Rises Amid Stockholm Market Decline
Business News

H&M Stock Rises Amid Stockholm Market Decline

The Stockholm stock exchange fell in afternoon trading on Tuesday and the broad OMXS index closed at minus 0,9 percent. Against the trend went clothing giant H&M, which rose 2,1 percent
JP Morgan Stock Rises After Strong Earnings Report
Business News

JP Morgan Stock Rises After Strong Earnings Report

The reporting season on Wall Street has started in earnest. And it begins with a thumbs up in the trade on the New York Stock Exchange after an unexpectedly strong report from the American major bank JP Morgan Chase & Co – but downwards for the competitor Wells Fargo
New strength signals from the US banking sector
Business News

New strength signals from the US banking sector

The American major banks Bank of America and Morgan Stanley both report unexpectedly strong results for the fourth quarter of 2024. On Wall Street, it's thumbs up
Banker led a broad upswing on Wall Street
Business News

Banker led a broad upswing on Wall Street

The courses on the New York stock exchanges rose on a broad front on Wednesday. Behind the investors' good mood lay partly a positive inflation report, partly unexpectedly strong financial reports from some of the USA's largest banks
USA's banks are doing better than expected
Business News

USA's banks are doing better than expected

The reporting season in the USA has begun with a series of strong financial reports from the major banks on Wall Street. Both JP Morgan Chase and Goldman Sachs are reporting significantly better results than expected and are getting the thumbs up in the futures market in New York
Klarna wants to sell loan portfolio in the USA
Business News

Klarna wants to sell loan portfolio in the USA

The payment service Klarna is trying to sell a large portion of its loan portfolio in the USA, reports the newspaper Financial Times, citing three anonymous sources. The purpose is to free up capital ahead of a stock exchange listing in New York
Hundreds of thousands of bank jobs are on their way to disappearing
Business News

Hundreds of thousands of bank jobs are on their way to disappearing

Investments in artificial intelligence (AI) will lead to up to 200,000 jobs disappearing in the global banking industry over the next three to five years, according to a report from Bloomberg Intelligence. More clinking in the cash register for the banks is an effect
Tough start to the stock market week
Business News

Tough start to the stock market week

The Stockholm stock exchange's broad OMXS index began the trading week with a decline of 0. 4 percent, weighed down by falling prices among others in heat pump manufacturer Nibe and fashion giant H&M
Major Bank Triggered Market Fall – Fined by the Stock Exchange
Business News

Major Bank Triggered Market Fall – Fined by the Stock Exchange

Top Economist: Trump's Style Can Calm Conflicts
World News

Top Economist: Trump's Style Can Calm Conflicts

Donald Trump has promised quick peace in Ukraine if he wins the election in the USA. He will learn that it is complicated, but Trump's unconventional style could be an opening in several global conflicts, believes top economist Nathan Sheets
Gasoline price continues to fall – lowest in three years
Business News

Gasoline price continues to fall – lowest in three years

The oil price continues to fall to levels not seen since 2021. For both central banks and consumers, it is welcome news
Mixed on the US stock exchange – banks weighed down
Business News

Mixed on the US stock exchange – banks weighed down

Small movements on Wall Street – Nvidia down again
Business News

Small movements on Wall Street – Nvidia down again

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