The world financial powerhouses
New York is the world financial capital. When these markets move, the rest of the world moves with them. The Oslo Stock Exchange opens at 09:00 — but already then the mood from Wall Street has set the tone for the day.
"The world is interconnected in ways few see — but all feel. Understand the connections and you understand the world."— Florence Scovel Shinn
What is Nasdaq?
Nasdaq is home to the world largest technology companies — Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta and Tesla.
Did you know? Nasdaq operates the exchanges in Sweden, Denmark, Finland and Iceland — while Euronext operates the Oslo Stock Exchange.
What is the S&P 500?
The S&P 500 contains the 500 largest listed companies in the USA and represents approximately 80% of the entire US stock market value.
Historical return: The S&P 500 has delivered an average annual return of 10.7% including dividends since 1957.
How to use this knowledge
- Check S&P 500 futures in the morning — they give hints about how Oslo Stock Exchange will open
- Follow the Fed — when the Fed raises rates it affects Oslo Stock Exchange
- Use Yahoo Finance — type ^GSPC for S&P 500 and ^NDX for Nasdaq 100
"The world belongs to those who see opportunities where others see limits. Limits exist in the mind — not on the map."— Florence Scovel Shinn