0707 GMT - Nordic markets are seen opening little-changed with IG calling the OMXS30 flat at around 2717. The market continues to consider the risks surrounding global trade wars and security policies lightly, SEB analysts say in a note. The uncertainty surrounding President Trump's trade policy hasn't yet put a brake on the stock market, with the S&P 500 up 4.0% so far this year, while Stockholm's OMXSPI has risen 9.6%, SEB says. The S&P 500 and Nasdaq remain close to all-time highs. Unexpectedly weak U.S. retail sales in January, which were partly impacted by severe fires and storms, saw the market regain its faith for two Fed rate cuts in 2025, SEB adds. Asian stock markets are showing only minor moves as U.S. markets are closed today, while stock market futures also point to small moves. OMXS30 closed at 2716.99, OMXN40 at 2580.32 and OBX at 1403.62. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
February 17, 2025 02:07 ET (07:07 GMT)
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