Yeah, very similar to the punk trend - actually I would consider it an offshoot of the trend that started in the east coast of the US.
As I said, not all of it sounds good to me, so I am cherry-picking here (and I am sure true emo fans would puke on my shoes at some of my choices):
My Chemical Romance
Fall Out Boy
Panic at the Disco
Sunny Day Realestate
Dashboard Confessionals
30 Seconds to Mars
Weezer
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