A resurgent China has helped make emerging market exchange-traded funds (ETFs) the top-sellers so far this year, according to data from IndexUniverse.
Wall Street may be expecting too much from Donald Trump's inauguration speech, and his actions may count more.
Chinese authorities "are very concerned unless the RMB is stable there will be a self-perpetuating acceleration of outflows," one analyst said.
Shares of Fannie Mae and Freddie Mac dived after Mnuchin made comments about not supporting "recap and release".
Patti Domm is CNBC Markets Editor, responsible for news coverage of the markets and economy.
A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.
Senior Producer - Breaking News
Dominic Chu is a markets reporter for CNBC.
Evelyn Cheng is a markets writer for CNBC.
Sara Eisen is a correspondent for CNBC, focusing on currencies and the global consumer.