AGP Executive Report
Last update: 6 hours agoMarket Rout: Global stocks slumped as fears of tighter AI rules and weaker data-center spending hit technology shares. The S&P 500 fell 4.4% and the Nasdaq 5.5% on Thursday, wiping out nearly $3 trillion in S&P 500 market value; Asian markets extended the losses, though Nasdaq futures rebounded Friday. Trade and Investment: Malaysia eased its rare-earth export moratorium for research, conditional on firms committing to local processing facilities within three years. The move aims to attract investment and develop higher-value manufacturing. Capital Flows: Foreign investors bought $1.6 billion of Indian stocks Thursday, their biggest daily net purchase in nearly six years, as falling oil prices and a pullback from AI trades lifted the market’s appeal. Energy Exports: U.S. regulators approved a proposed $1 billion offshore Louisiana crude terminal, designed to export up to 2 million barrels a day through converted gas infrastructure.
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