Emerging-market equity index falls for second day amid AI selloff

Bloomberg: Bloomberg L.P. is a global provider of financial news, data, analytics, and market intelligence through its terminal and media platforms. The company published reporting on the AI-linked stock selloff and its effects on emerging market equities. Its coverage focuses on real-time developments in global markets and economic trends. Global Impact: The IMF has highlighted risks from concentrated AI exposures and high leverage in the sector, noting potential broad consequences for global financial stability from any correction. Market Sentiment: Investor enthusiasm for AI stocks is waning amid questions about the durability of spending and returns in a higher interest rate environment. Regional Exposure: Asian equity markets tied to semiconductor and chip production are particularly sensitive to shifts in the AI trade narrative and related competitive developments.