Stocks Tumble Following April U.S. Inflation Surge: EM Review

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Emerging-market stocks had their worst week since February as higher-than-expected inflation in the U.S. revived concern of tighter monetary policy worldwide, even as commodity prices came of their recent highs. A gauge for developing-world currencies halted a five-week rally, closing the week little changed after gaining Friday as the dollar retreated.

Highlights:

Asset moves as of 4:20 p.m. in

New York

Weekly
MSCI EM stocks index-3.04%
MSCI EM FX index-0.04%

Bloomberg Barclays global EM local-currency bond index

(Up to Thursday)

-0.2%

Asia:

EMEA:

LatAm:

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