1. Trouble in paradise: For the past decade, a river of easy money rushed into emerging markets. Now that powerful force is reversing. Rising interest rates, along with trade wars, have started a stampede out of some emerging markets. The Turkish lira and Argentine peso have crashed, while China's stock market is stuck in a bear market.
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Where U.S. stocks are now | | Dow | | Nasdaq | | S&P | | | | | | YTD +5.81% | | YTD +16.03% | | YTD +8.65% | | | |
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Key Market Stats | Latest | Today's Change | | Oil | $68.98 | +0.39 / +0.57% | | Gold | $1,198.30 | -9.90 / -0.82% | | 10-yr | 2.99% | +0.03 / +1.05% | | Euro | $1.16 | 0.00 / 0.00% | | | |
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News: What you need to know about the markets | | | | These countries are most vulnerable to the emerging market storm | By Matt Egan and Jordan Valinsky | | | | | | |
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