Emerging-market stocks headed for their first back-to-back annual loss in 12 years as sliding oil and bets for higher U.S. interest rates curbed the appeal of riskier assets. Chinese shares jumped on the final day of 2014.
Emerging-market stocks headed for their first back-to-back annual loss in 12 years as sliding oil and bets for higher U.S. interest rates curbed the appeal of riskier assets. Chinese shares jumped on the final day of 2014.