Stock Markets Opened Lower in Finland and Europe
7 Articles
7 Articles
Thursday's stock market crash in the United States was reflected in European stock markets on Friday morning.
The plunge in the US stock market affected Asian markets. In Helsinki, the stock exchange opened down about one percent.
The fall on Wall Street on Thursday has dragged down Asian markets and Europe is already opening slightly lower
The Stockholm Stock Exchange follows a heavy Wall Street and OMXS30 falls 1.8 percent on Friday morning. All 30 shares in the index are trading in the red. The bright spots are among the reporting companies, where BTS, Attendo and Inission are rushing. The tech crash in New York spreads Thursday evening was brutal in the US. The S&P 500 lost 4.4 percent and the Nasdaq Composite a full 5.5 percent, with technology companies in the lead. Much of t…
In Europe, markets have reacted modestly after the collapse of US technology and AI stocks. The main European stock exchanges all opened slightly lower, and in Helsinki, for example, the stock exchange was down about one percent at the opening. The article Europe responded modestly to the collapse of US AI stocks was first published on SSS.fi.
The Stockholm Stock Exchange starts Friday in the red after the last 24 hours' plunge on Wall Street and in Asia. "What's a little scary is that it all comes back to the AI expansion in one way or another," says Jon Arnell, investment manager at von Euler & Partners.
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