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EM Stocks Headed For Weekly Loss on Tech Selloff, Rising Crude
Emerging-market equities fell for a second day, with a weekly decline expected due to a technology sector selloff linked to concerns over stretched AI valuations. The decline triggered a selloff across Asia.
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Adjacent reporting
- Tech rout intensifies as selloff grips global stocks
- Wall Street points to another day of losses, led by an ongoing sell-off in tech
- World markets, Wall Street mostly in decline on latest round tech stock selling
- Asia tech stocks extend sell-off with SoftBank down over 7% as investors sour on AI-linked names