Emerging Stocks Halt Two-Day Advance Over Fed, Brazil Concerns

Updated on
  • Real tumbles most among major currencies versus dollar
  • China Coal fell to 7-year low to lead decline in energy sector

Emerging-market stocks dropped as renewed concern over the outlook for higher U.S. interest rates and Brazil’s rating cut demand for riskier assets. China’s stocks fell for the first time in three days. The real slid to the lowest level in 13 years.

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