Reported about 17 hours ago
Emerging-market stocks have entered correction territory as uncertainty surrounding US policies and China's economic growth weighs heavily on the market. The MSCI EM index dropped 0.4%, marking a 10% decline since early October, with notable losses in semiconductor stocks and Chinese equities. Traders are cautious ahead of Trump's inauguration, fearing volatility caused by his tariff plans, while disappointing Chinese stimulus efforts and political instability in Brazil and South Korea further dampen sentiment.
Source: YAHOO