Nordic Stocks Tipped to Open Lower -- Market Talk

Dow Jones
01-27

0745 GMT - Nordic markets are seen opening lower, with IG calling the OMXS30 down 1.2% at around 2667. A trade war threatened to erupt between the U.S. and Colombia overnight after Colombia's president stopped two flights from the U.S. carrying deported migrants from landing in the country, SEB analysts write. After threats of tariffs and counter-tariffs, the trade conflict was called off, with Colombia agreeing to receive migrants. "The tariff dispute is believed to have contributed to stock market futures in both Europe and the U.S. pointing clearly downwards, and concerns about AI competition from China are also said to explain why the Nasdaq futures is pointing down by more than 2%." European futures are down 0.4%-0.9% while Asian stock markets are mixed. The OMXS30 closed at 2699.73, OMXN40 at 2586.84 and OBX at 1405.09. (dominic.chopping@wsj.com)

 

(END) Dow Jones Newswires

January 27, 2025 02:46 ET (07:46 GMT)

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