Emerging Markets-Stocks slip on Fed policy uncertainty
EEM•Asia technology shares lead losses
Meanwhile, Asia's tech-heavy bourses extended losses, as South Korean shares .KS11 slipped 1.2%. A brutal selloff in chipmakers in recent weeks has led the index to lose more than a third of its value this month, prompting the government to consider additional curbs on single-stock leveraged exchange-traded funds.
Chinese equities .CSI300 fell 1.1%, and Taiwan's benchmark .TWII dipped 0.3%.
Central and Eastern Europe outperform
Bucking the trend, MSCI's index tracking Central and Eastern Europe .MIME00000PUS rose 1.7%, with Polish stocks .WIG gaining the most, 0.8%. Romanian stocks .BETI lost 1.9%, However, the index has outperformed regional peers this year on higher crude prices.
Hungarian equities .BUX were little changed. Preliminary data showed the economy grew 1.7% in the second quarter, on an annual basis, below analysts' expectations. The Czech economy also grew but slower than expected, data showed.
