Mobius, who has been investing in developing markets for about three decades, said some emerging market countries such as India will do quite well in the current environment, “but we have to wait until all of this evens out and we see a settling down of this uncertainty.”
US stocks today: Dow posts closing record high, S&P 500, Nasdaq muted as AI rally pauses
US stocks ended mixed as the Dow hit a record closing high driven by healthcare and consumer gains, while tech and chip stocks lagged. Banking
May 27, 2026