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STOCKS | South Korean AI Rout Drags Emerging Stocks to Three-Week Low

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2026-07-02 13:33:34
Emerging-market stocks fell to a three-week low as a selloff in South Korean artificial-intelligence shares weighed on the broader gauge, according to Bloomberg.

Developing-world currencies rallied on Thursday after weaker-than-expected US employment data prompted investors to scale back expectations for an October Federal Reserve interest-rate hike, boosting risk assets as the dollar weakened.
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