Sotheby's Shares Are Surging and That's Great News for Emerging Market Stocks

There's a close relationship between Sotheby's and emerging markets stocks.

Sotheby's Rallies Most Since 2011 on Asian Art Sales

Shares of Sotheby's are up over 9 percent today after the auction house said profits surged 31 percent in the second quarter. While the company saw softness in top-line art sales, it benefited from improving profit margins.

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