Emerging Stocks Slide as Oil Gains on Renewed Mideast Tensions

Emerging-market equities declined, weighed by higher oil prices and global bond yields after US President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz.

By Prima Wirayani · Bloomberg Markets

Emerging-market equities declined, weighed by higher oil prices and global bond yields after US President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz.