Emerging market stocks fall amid speculation on Fed's QE

Source: Bloomberg
© Scanpix/Reuters
Emerging market stocks decreased for a second consecutive day as investors speculate that the Fed might unwind its monetary stimulus due to better-than-expected U.S. jobs data. The MSCI Emerging Market Index dropped 1.4% to 904.91 so far today. The gauge remains 14% below its value on May 22 when Bernanke signaled a possibility of an early exit of QE.

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