US tech stocks decline hits risk sentiment, emerging market assets may face biggest drop in three weeks.

According to the Securities Times app, emerging market stocks and currencies are expected to face their largest declines in about three weeks, as the selling of US tech giants' stocks has dampened demand for higher-risk assets. The MSCI Emerging Markets Currency Index fell by as much as 0.3%, while the index reflecting stocks of developing economies dropped by 1.3%. The Taiwanese dollar and the South Korean won led the declines, with Taiwanese Semiconductor Manufacturing Company (TSM.US) being the company with the largest drop in the stock market.