🔴 EEM is trading 5.3% down today on global risk-off sentiment and tech sector weakness

EEM is trading sharply lower at $67.40, down 5.3% from its previous close, as global markets shift to a risk-off tone ahead of key U.S. inflation data.

• Emerging markets are under pressure from rising interest rate expectations ahead of Thursday’s U.S. PCE inflation report.
• The decline is fueled by a pullback in AI-driven tech leaders in Taiwan and Korea, which have been primary drivers of the index's recent gains.
• The move appears broad-based across the index and coincides with significant pre-market losses in S&P 500 and Nasdaq futures.