NEW YORK ( TheStreet) -- Global indices registered losses last week on unfavorable economic data. Brazil's benchmark Bovespa was the top decliner among emerging markets, shedding 2.6%. China's Shanghai Composite Index followed, easing 1%, while India's Nifty fell 0.8%. The S&P 500 and the Dow Jones dipped 2.2% and 1.6%, respectively, as U.S. jobless claims edged higher than expected.For the week ended June 8, data compiled by international fund tracking firm EPFR showed that investors, wary of high inflation and global economic growth, pulled out $220 million from emerging-market equity funds. Stocks on the emerging-market indices declined with central banks raising interest rates despite a slowdown in global economic growth.
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