Emerging-Market Stocks Mixed as Investors Weigh Iran Tensions
Emerging-market stocks and currencies were mixed as investors weighed escalating US-Iran tensions and a tech-led selloff, with MSCI's EM equity index little changed after a 2.6% drop the previous Friday and down 2.7% on the week. China and Hong Kong benchmarks rebounded while South Korea's Kospi fell 3.1%, as Strait of Hormuz risk pushed oil to its biggest weekly gain in nearly three months.
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