Emerging-Market Stocks Show Positive Momentum for 2024

Reported about 18 hours ago

Emerging-market stocks surged on Tuesday, driven by a rally in Asian tech shares and growing expectations of additional stimulus measures from China, concluding the year with an impressive return of 8.9%. Despite underperforming developed markets that achieved over 20% returns, Chinese stocks led the way with a 1% increase, buoyed by plans for substantial treasury bond sales to support the economy. While challenges, such as potential tariff increases and geopolitical tensions, remain, some investors are optimistic about the solid fundamentals of emerging market companies navigating uncertainties ahead.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis