Reported 2 months ago
Emerging-market stocks experienced a significant drop, marking their worst performance since February 2022, with an MSCI gauge declining by 4.2%. This downturn was driven by rising fears of a recession in the US, leading to heightened volatility in global markets, particularly affecting Asian technology shares. Despite some recovery in Latin American stocks during the session, the overall sentiment remains cautious and volatile, according to market analysts.
Source: YAHOO