🔴 iShares Core MSCI EM IMI UCITS ETF USD (Acc) is trading 4.2% down today on global risk-off sentiment and a deep technology selloff

iShares Core MSCI EM IMI UCITS ETF USD (Acc) is trading 4.2% down today as emerging-market equities sold off alongside a global rotation out of growth and risk assets.

• A stronger-than-expected U.S. jobs report pushed rate-hike expectations higher, pressuring equities sensitive to financing conditions.
• The move was amplified by a deep technology and semiconductor selloff, which hit EM tech and internet names that carry meaningful weight in the MSCI EM IMI index.
• Broad risk-off sentiment continues to weigh on emerging market assets as investors pivot away from high-beta growth sectors.