MSCI Emerging Markets Stock Index hits record high boosted by optimistic sentiment from AI

Driven by Asian technology stocks, the MSCI Emerging Markets stock index has risen to a new all-time high, with optimism surrounding artificial intelligence still high. The MSCI Emerging Markets stock index rose by 0.8% in early trading on Wednesday, reaching 1,561.71 points, surpassing the intraday all-time high set on January 29. From South Korea to Mexico and Brazil, benchmark indexes in many places are hovering near record highs. Previously, fueled by Asian stock markets, the MSCI Emerging Markets stock index saw a strong increase of over 30% last year.