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Emerging-market stocks rise as oil prices ease

Emerging-market equities gained 0.5% while currencies steadied as worries about a near-term US-Iran flare-up eased; elevated oil prices and bond yields kept investors cautious.

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Emerging-market stocks rose on Friday and currencies steadied as concerns about a near-term flare-up in US-Iranian fighting eased, although elevated oil prices and government bond yields kept investors cautious. 5%, but remain…