Business Bible Headlines: June 24 @ 5:00PM ET

This is a Business Bible News Headlines for Wednesday June 24 at 5:04 PM Eastern Time, Business Bible News where Daily News meets Daily Principle. In today's top business headlines, we start with the S&P 500, which remains relatively unchanged as the market awaits earnings from Micron Technology. Investors are keeping a close eye on the semiconductor industry as it faces pressures ahead of these results, according to CNBC. Meanwhile, Hertz is experiencing its worst day ever in the stock market, as reported by Barron's. The rental car company faces significant challenges that have led to this dramatic decline in its stock price. Wendy's stock has caught attention after a viral post on Reddit sparked a meme-like rally. This surge follows a leadership hire that investors are quite optimistic about, as highlighted by Yahoo Finance. In other news, Micron options traders are bracing for a massive earnings swing, with expectations of volatility in the stock price in the coming days. This report comes from Yahoo Finance as well, indicating a heightened focus on the company's performance. Additionally, U.S. new single-family home sales have shown a second straight monthly decline, raising concerns about the housing market's recovery, according to Yahoo Finance. Lastly, Amazon Prime Day continues to attract shoppers with significant discounts, with NBC News reporting on various deals reaching up to 70% off. BBNews Market Analysis indicates that global markets are mixed today. In overseas trading, the Nikkei leads the way with a move down 3,079 points. In US markets, the S&P 500 is down 5 points to 7,359, the Dow Jones Industrial Average is up 191 points to 51,858, and the Nasdaq Composite is down 102 points to 25,484. The ten-year Treasury yield is at 4.4. In commodities, Brent Crude is down $3 to $69 per barrel. Gold is down $113 to $4,016 per ounce. In sports news, the Chicago Bears are working on a bill for a new stadium in Illinois, as reported by NBC Sports. This development indicates a potential shift in the team's future location. In entertainment news, Variety reports that 'The Other Bennet Sister' is set to return to BritBox and the BBC for a 3-part Christmas special. This announcement adds excitement for fans of the series. Today's Daily Principle is INVESTING, specifically dealing with Reward. This principle is found in Genesis 15–1. The verse reads: "God's Covenant with Abram After this, Abram had a vision and heard the Lord say to him, 'Do not be afraid, Abram. I will shield you from danger and give you a great reward.'" This principle reminds us that in the world of business and investing, taking calculated risks can lead to significant rewards. It emphasizes the importance of faith in one's decisions and the potential for great returns when we navigate challenges with confidence. Learn more at businessbible.com where Daily News meets Daily Principle.