EEM is trading 3.1% down today as investors move out of risk assets following weaker trade data and rising geopolitical tensions.
- Emerging market equities, particularly in Asia, are seeing broad profit-taking after a strong year-to-date run.
- Increased volatility in semiconductors and cyclical sectors is driving significant index-level declines.
- The pullback coincides with a broader downturn across U.S. indices as global sentiment shifts toward a risk-off stance.