Movers: Brazilian Markets Down Sharply [The New York Times]
iShares MSCI Emerging Markets Asia ETF (EEMA)
US:NASDAQ Investor Relations:
ishares.com/us/products/239637/ishares-msci-emerging-markets-etf
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Source: The New York Times
By THE NEW YORK TIMES MAY 18, 2017 We’re following major developments in the markets throughout the day. Check below for the latest updates. Market Snapshot View Full Overview Brazilian Markets Tumble on Political Turmoil “Brazil’s currency, the real, fell sharply against the dollar and stocks plunged in a sell-off” on Thursday, writes Simon Romero in Rio de Janeiro . The cause: “President Michel Temer of Brazil defied calls to resign on Thursday as an exploding scandal over claims that he authorized the payment of hush money to a jailed ally engulfed Latin America’s largest country.” CNBC reports that “the Brazilian Bovespa traded more than 8.5 percent lower, while the widely followed iShares MSCI Brazil Capped ETF dropped more than 13 percent. Both indexes were on pace for their worst day since October 2008.” Continue reading the main story Advertisement Continue reading the main story In the U
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