EEM is trading 3% down on August 18, 2026 as the U.S.-Iran ceasefire expired without an extension, raising geopolitical and energy-supply risks.

  • Brent crude climbed above $91, while the U.S. 30-year Treasury yield reached roughly 5.32%, weakening risk appetite and reducing emerging-market appeal.
  • Asian technology shares, including Samsung Electronics and Taiwan Semiconductor, declined; China technology shares also fell, pressuring EEM’s large Asian exposure.
  • U.S. equities are lower, the dollar strengthened, and emerging-market currencies weakened.