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Broad declines in Asia - AI and the US haunt
Broad declines were seen for leading stock indexes in the initial hours of trading in Asia on Wednesday. They are trending downward following the fall, particularly for chip giant Nvidia, on Wall Street yesterday.
Red on Wall Street – Nvidia crashes
Wall Street fell sharply on Tuesday, with declines in several sectors. Among the major losers was Nvidia, which fell almost 10 percent.
The Stock Exchange Starts September Downwards
The Stockholm Stock Exchange has begun the month of September downward. In afternoon trading at 2:40 pm, the broad OMXS index is down 0.
Powell effect in New York - ends the week on a plus
Wall Street went on weekend leave on a plus note after Federal Reserve's chief Jerome Powell said in a speech on Friday that the time for interest rate cuts is here. > It's time for an adjustment of monetary policy, said the central bank chief in his speech, which he held in Jackson Hole.
Most gloomy on Asia's stock exchanges
A larger part of the leading Asian stock exchanges followed Wall Street and began the third day of trading on a negative note. In Tokyo, the important Nikkei 225 index had fallen by 0.
Upwards on the US stock exchange – the crash erased
Wall Street has now in principle recovered after the crash earlier in August. When Thursday's trading closed, the US stock exchange had taken a definite step upwards.
Lowest US inflation since 2021
The underlying inflation in the USA fell for the fourth month in a row in July, to the lowest level since 2021. This is a step in the right direction for the Fed to lower the interest rate, says Maria Landeborn, senior strategist at Danske Bank.
Tokyo's historic stock market crash has recovered
It was upwards, strongly upwards, for leading stock market indices in Asia after Friday's initial trading. And the Tokyo Stock Exchange had almost fully recovered after the historic 12 percent crash on Monday.
Wall Street turned downward
The US stock market turned downward on Wednesday after starting the trading day on a plus. Thus, the volatile trading continues after Monday's stock market crash and Tuesday's recovery.
Better than expected for Uber
The transport company Uber Technologies performed better than expected during the second quarter, according to the company's latest report. Revenue rose to 10.
Unstable trading on Wall Street after stock market fall
Trading on the New York Stock Exchange was volatile following Wednesday's stock market fall. Several of the major technology companies also declined during Thursday's trading.
Trump's stock soars after assassination attempt
The stock in Trump Media & Technology, presidential candidate Donald Trump's media company, is soaring upwards by 69 percent in early trading on Wall Street following the assassination attempt on Trump at a campaign meeting in Pennsylvania, USA. Trump owns a majority stake in the recently listed company, which operates, among other things, the social network Truth Social.
Down on Wall Street Despite Positive Statistics
Despite the fact that four-fifths of the shares on Wall Street increased in value on Thursday, two of the three leading indices on the American stock exchange fell. The reason was declines in some of the IT giants, which together represent a large part of the stock exchange's total value.
Thumbs up for lower US inflation
Market interest rates fell and Wall Street stock exchanges rose in futures trading after fresh figures showed that US inflation fell in May. The market hopes that lower inflation will pave the way for American interest rate cuts.
Asian stock markets mixed
The leading Asian stock exchanges went in different directions in early Wednesday trading after technology stocks on Wall Street surged in anticipation of key inflation figures from the USA. In Tokyo, the key Nikkei 225 index had risen by 1.
Mixed fortunes on Wall Street – Nvidia bounces back
The leading indexes on the New York Stock Exchange went in different directions on Tuesday. Semiconductor giant Nvidia bounced back after Monday's fall when the share price dropped 6.
Slightly up on the Stockholm Stock Exchange
Stockholm Stock Exchange started the trading week on a plus, but just barely. The broad OMXS-index increased by 0.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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