Emerging market equities near bear territory; declines led by China, Turkey

(Reuters) - Most emerging equity markets are hovering near bear territory after sharp declines since hitting highs in January, and appear set for fresh lows as the simmering U.S.-Sino trade war and rising U.S. yields undermine them.Twenty out of 23 emerging market stock indexes are trading below their 200-day moving average, a technical analysis showed, suggesting further downside risks to these markets. China has the worst ratio, with 88 percent of its companies trading below the 200-day moving..