Reported about 2 months ago
Emerging-market stocks are experiencing significant declines, marked as the largest drop since early August, primarily pressured by China's economic struggles and upcoming financial events that have created a cautious atmosphere among investors. The MSCI Emerging Markets Index has retreated following a nearly 9% rebound, with technology stocks leading the downturn, particularly in light of anticipated earnings from Nvidia amid discussions on the sustainability of artificial intelligence investments. Concerns over China’s economic outlook further prompted selloffs, signaling a lack of confidence and making investors hesitant towards emerging-market risks as they await clearer economic signals.
Source: YAHOO