iShares MSCI Emerging Markets ETF is trading at $66.85 (down 3.3%) in pre-market sessions as investors shift away from risk assets toward safer exposures.

  • The decline marks a sharp extension of this week’s pullback, with the price falling significantly from its prior close of $69.10.
  • Sentiment is being pressured by escalating geopolitical tensions between the U.S. and Iran alongside a broader tech-led market selloff.
  • Mixed U.S. equity futures are further weighing on emerging-market assets as part of a global risk-off rotation.