Emerging stocks fall 2 pct on data, Goldman worries

LONDON, April 19 (BestGrowthStock) – Emerging stocks fell more than
2 percent on Monday, heading for their largest one-day fall
since Feb 5, as investors became risk-averse, fretting about
last week’s U.S. data and Goldman Sachs’ charge for fraud.

“Risk aversion is hitting the markets on the back of weak
U.S. consumer data and the accusations by the SEC against
Goldman Sachs,” said analysts at SEB in a client note.

“On Friday, equity markets fell across the globe and this is
continuing.”

The MSCI emerging equities index (.MSCIEF: ) fell as low as
1,009.87, before trimming losses slightly.

Stock Market Research

(Reporting by Carolyn Cohn; editing by Sujata Rao)

Emerging stocks fall 2 pct on data, Goldman worries