🔴 Emerging Markets ETF (AVEM) is trading 18.64% down in after-hours trading amid EM inflation concerns

AVEM is trading at $77.24, down -18.64%, amid broad emerging-market weakness as rising oil prices and high U.S. Treasury yields renew inflation and rate concerns; these pressures do not by themselves explain the magnitude of the after-hours move.

• The MSCI emerging-markets gauge fell 1% on October 7.
• Escalating Strait of Hormuz tensions added to supply-disruption worries. India’s central bank raised its repo rate, and shares there declined.