iShares MSCI Emerging Markets ETF is trading 3.4% down today as investors retreat from risk assets following a sharp rotation away from technology and high-beta markets.
- Geopolitical escalation between the U.S. and Iran, coupled with sustained pressure on digital assets, is weighing heavily on sentiment across emerging markets.
- The decline extends a multi-day pullback from the $70 level, with the price now approaching a key technical support zone in the mid-$60s.