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May 18, 2015
NEW YORK — Emerging-market stock funds are making big moves again, and this time it's in the good way.
Stocks from China, Brazil and other developing economies have a history of big swings, up and down. The group has had uncharacteristically muted returns the last couple of years, but that's changed this year. The MSCI Emerging Markets index, which many funds use as their benchmark, has already posted a return of nearly 9 percent in U.S. dollar terms.
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