Reported about 10 hours ago
Emerging-market stocks experienced a decline following a significant rally, as President Trump's executive order aimed at restricting Chinese investments heightened investor anxiety regarding the US-China economic tensions. The MSCI index for EM equities dropped 0.7%, reversing gains from the previous weeks driven by optimism in Chinese technology companies. Concerns grew over the potential impact of stricter trade policies and domestic challenges in China, leading to selloffs in technology stocks.
Source: YAHOO