Emerging-Market Selloff Picks Up as Traders Look to Fed Meeting

  • Tech stocks lead decline as Samsung tumbles most in four years
  • South Korean won leads developing-nation exchange rates lower

The Impact of Geopolitics on Markets

Emerging-market stocks and currencies tumbled in the biggest two-day drop since June as traders weighed the potential time-line for U.S. interest rate increases before the Federal Reserve’s policy meeting next week.

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