The iShares MSCI Emerging Markets Index fell for a second day as the International Monetary Fund said risks of turmoil in developing nations threaten the global economy. Ukraine’s bonds plunged the most on record.
U.S. stocks fell, with the Standard & Poor’s 500 Index extending declines in the final hour of trading, amid data showed manufacturing unexpectedly climbed last month and reports on holiday retail sales.
U.S. stocks fell this week, dragging the Dow Jones Industrial Average below 10,000, as lower-than- estimated jobs growth and a worsening government debt crisis in Europe fueled concern the global economic recovery will slow.
The iShares MSCI Emerging Markets Index exchange-traded fund fell, snapping a two-day advance, ahead of the Federal Reserve’s policy statement tomorrow. Turkey’s stocks led world losses amid corruption arrests.
U.S. stocks rose, sending the Standard & Poor’s 500 Index to a record, as sales at Amazon.com Inc. and Microsoft Corp. beat estimates. Treasuries climbed amid bets the Federal Reserve will maintain stimulus and Mexico’s peso climbed as the central bank signaled a halt to rate cuts.
Global equities completed the biggest back-to-back monthly gain in almost two years, beating all other assets in October, as U.S. lawmakers avoided a debt default and investors speculated the Federal Reserve will maintain stimulus.
U.S. stocks rose, leaving the Standard & Poor’s 500 Index less than 1 percent from a record, amid signs lawmakers could reach a deal before the government loses its ability to borrow money in three days.
Emerging-market stocks dropped for the first time in four days as Petroleo Brasileiro SA led energy producers lower. Ukraine’s bond yields jumped to a record after police cracked down on the biggest protests since 2004.