Morgan Stanley Emerging Markets Debt Fund Inc. shares rise 1.85% after-hours as global shares rally on U.S.-China trade hopes.

Morgan Stanley Emerging Markets Debt Fund Inc. rose 1.85% in after-hours trading. The rally in global shares, driven by optimism over progress in U.S.-China trade talks and a ceasefire between Iran and Israel, likely contributed to the fund's performance. Additionally, the S&P 500 and Nasdaq hitting all-time highs, lifted partly by gains in megacap growth stocks, further supported the positive sentiment in the market.