Chip Stock Selloff Drags Emerging Markets to Three-Month Low; Currencies Mixed Ahead of Fed Decision

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Markets

29 July 2026 at 7:21 am

Chip Stock Selloff Drags Emerging Markets to Three-Month Low; Currencies Mixed Ahead of Fed Decision

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Summary

A selloff in semiconductor stocks has driven emerging-market benchmarks to over three-month lows, while currencies showed mixed performance ahead of the Federal Reserve's decision.

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