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Emerging market stocks fell on Monday, with the MSCI Emerging Markets Equity Index dropping 0.3%, extending last week's 2.6% decline
Emerging market stocks fell on Monday, with the MSCI Emerging Markets Equity Index dropping 0.3%, extending last week's 2.6% decline. Both the Kospi and Hang Seng Tech Index fell by at least 1% during intraday trading. Investors are awaiting earnings reports from major global tech companies to gauge whether AI-related trades can recover from the recent sell-off. This follows Lula's victory in the Brazilian presidential election.
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