The emerging market forex index achieved its largest single-day increase since 2023, with the stock index rising by 3.4%.

date
11/03/2026
The MSCI Emerging Markets Foreign Exchange Index of Mingcheng Company rose by 0.9%, marking its best single-day performance since December 2023, with a temporary increase of 1.1% during the session. The U.S. Energy Secretary Chris Wright "erroneously" posted that "the U.S. Navy has escorted an oil tanker through the Strait of Hormuz," and quickly deleted the post. The MSCI Emerging Markets Stock Index rose by 3.4%, ending its previous two consecutive trading days of decline, with strong performance from Asian technology stocks; the Latin American stock index also rose by 2.7%.