Stockholm's main equity index opened in negative territory on Tuesday, dragged down by a broad-based retreat in global technology shares.

The Swedish market followed the lead of European peers, which also started the session lower, as investors continued to digest the heavy selling that gripped US tech giants and the Nasdaq on Monday.

The downward pressure reflects growing caution among traders as the correction spreads across regions.

Asian indices had already tracked the Wall Street losses earlier in the week, and European futures signaled further weakness ahead of the open.

The broad-based nature of the sell-off suggests a shift in sentiment rather than isolated sector rotation.

Handelsavisen notes that the continuity of the decline from Monday into Tuesday indicates persistent risk aversion.