--- title: "Weekly Recap | iShares MSCI Em -1.34%, pullback on elevated volume" type: "News" locale: "en" url: "https://longbridge.com/en/news/302941639.md" description: "iShares MSCI Emerging Markets ETF (EEM.US) fell 1.34% this week to close at $62.01, underperforming the S&P 500 by 0.87 percentage points. The week opened at $63.82 on Monday and touched $63.83 early, then drifted lower over the next three sessions. Thursday printed the week’s low of $61.50 before Friday settled at $62.01. The weekly range came to 3.65%, with average daily volume running about 14% above the median level." datetime: "2026-10-24T04:22:13.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/302941639.md) - [en](https://longbridge.com/en/news/302941639.md) - [zh-HK](https://longbridge.com/zh-HK/news/302941639.md) generator: "portal-rs" --- # Weekly Recap | iShares MSCI Em -1.34%, pullback on elevated volume ## The Week iShares MSCI Emerging Markets ETF (EEM.US) fell 1.34% this week to close at $62.01, underperforming the S&P 500 by 0.87 percentage points. The week opened at $63.82 on Monday and touched $63.83 early, then drifted lower over the next three sessions. Thursday printed the week’s low of $61.50 before Friday settled at $62.01. The weekly range came to 3.65%, with average daily volume running about 14% above the median level. ## Sector News Emerging market headlines were mixed this week. Rising Treasury yields rattled some asset classes, though the view that emerging markets were not yet catching a cold made the rounds. Hong Kong small caps were in the spotlight, with some pivoting to buybacks and AI-driven strategies as the market squeeze persisted, and robotics names bid up. On the China side, China Construction Bank issued RMB70 billion in Tier-2 capital bonds, and Linmon Media struck a Tencent framework deal for game and derivative rights. Alibaba fell more than 5% in overnight trading on 22 October, with options activity concentrated in the $109 and $110 calls expiring 30 October. At the fund level, iShares, Inc. filed a portfolio holdings report on 24 October. ## The Week Ahead Next week brings a crowded US macro calendar. The Dallas Fed manufacturing index (prior 9.8) arrives on 26 October. On 27 October, watch durable goods orders (prior -0.1, forecast 1.5), ex-transport orders (prior 0.2, forecast 0.6), FHFA house prices, the Case Shiller 20-city index, new home sales (prior 684k, forecast 650k) and consumer confidence (prior 81.9, forecast 81). Housing and confidence prints will shape the macro backdrop for emerging market risk appetite. ## In Short EEM.US pulled back this week on above-median volume, though the gap versus the S&P 500 stayed narrow enough that a trend break is not obvious. Valuation sits at a high P/E with a price-to-book around 1.58x and a 1.80% dividend yield; the latest session’s large and medium-lot flows were net buyers while small-lot money turned net seller. Treasury yield direction and the upcoming durables, housing and confidence data remain the key swing factors for emerging market sentiment. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [EEM.US](https://longbridge.com/en/quote/EEM.US.md) ## Related News & Research - [ROI-Fed sneezes, but emerging markets aren't catching a cold yet: McGeever](https://longbridge.com/en/news/302425911.md) - [Global bond turmoil reveals the surprising resilience of emerging markets](https://longbridge.com/en/news/301265083.md) - [US Sept. PCE Preview: Inflation May Heat Up Again, How Will US Stocks, the Dollar, and Gold React?](https://longbridge.com/en/news/303358308.md) - [ServiceNow Slips Ahead of AI-Heavy Earnings, What Is Going On?](https://longbridge.com/en/news/303422507.md) - [Lumentum Stock Soars 17% on Marvell Takeover Talk](https://longbridge.com/en/news/303461309.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**