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DeepNewz, mobile.
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China's latest economic stimulus has significantly boosted emerging-market stocks, pushing them to their highest level in two years. The MSCI equity index for emerging economies has advanced for six consecutive days, marking the longest winning streak since July. This rally has been driven by increased investor appetite for riskier assets globally. Key indices such as $EEM have seen notable gains, with $EEM vs $SPY experiencing its best day since November 2022, rising by 2.6%. Other emerging market plays like $EWT, $EWY, $EWZ, and $EWW have also benefited from the stimulus. Emerging-market stocks have risen for a fifth straight day.
Emerging-market stocks rose for a sixth day in a broad rally for riskier assets on the back of fresh economic stimulus pledged by the Chinese government https://t.co/AVdwod8atf
China Boost Sends EM Stocks to Longest Winning Streak Since July (Bloomberg) Emerging-market stocks rise for a fifth straight day as China’s latest round of stimulus continues to fuel appetite for riskier assets globally. The MSCI equity index for emerging economies advanced… https://t.co/gC80k91hFV
Emerging-market stocks rise for a fifth straight day as China’s latest round of stimulus continues to fuel appetite for riskier assets globally https://t.co/WCkgDKEuqN
