The developing-nation ETF added 0.6 percent to $38.34 at 2:22 p.m. in New York. The MSCI Emerging Markets Index declined 0.3 percent to 935.17. China's stocks jumped as Premier Li Keqiang said he's confident the country will achieve this year's economic goals. Dubai's DFM General Index (DFMGI) and The Borsa Istanbul National 100 Index slid more than 2.2 percent. Turkey's lira sank to a record low and India's rupee fell amid higher oil prices and concern about a credit-rating downgrade.
The Institute for Supply Management's manufacturing index increased to 55.7 in August from 55.4 a month earlier, beating the median forecast of 85 economists surveyed by Bloomberg of 54. Stocks were briefly rattled by what Israel described as a joint flight test with the U.S. of its Arrow missile-interception system over the Mediterranean Sea. House Speaker John Boehner said he will support U.S. President Barack Obama's call for action against Syria.