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STOCKS | MSCI EM Index Heads for Correction on Chip Selloff

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2026-07-17 06:43:12
Emerging-market equities slumped, with a key gauge headed for a technical correction as mounting concerns over stretched AI valuations triggered a selloff in chip stocks across Asia, according to Bloomberg.

The move reflects renewed pressure on technology shares across the region as investors reassess AI-related valuations.
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