Emerging-market assets rise to record high on tech earnings and Hormuz hopes

12 articles · Updated · Bloomberg · May 4

MSCI’s emerging market index climbed 2.9%, led by South Korean stocks, while a developing-world currency gauge gained 0.3%.
Sentiment improved on strong technology earnings and expectations that shipping through the Strait of Hormuz could resume.
A weaker dollar also supported the move, with Bloomberg’s dollar spot index edging lower as investors added risk exposure.

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