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Emerging-Market Stocks Slide Toward Weekly Loss as AI Valuation Fears Hammer Asian Chip Shares

  • Infra & Chips
  • Finance

Emerging-market equities fell for a second straight day and headed for a weekly loss on July 17, 2026, as mounting concern over stretched artificial-intelligence valuations dragged technology shares lower and triggered a broad selloff across Asia. The MSCI Emerging Markets Index dropped as much as 2.7% to 1,619.08, extending its decline from a recent bull-market peak to 10% and putting the gauge on the brink of a technical correction should it close below 1,622.49, according to Bloomberg.

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