Business Bible Headlines: October 13 @ 5:00PM ET

This is a Business Bible News Headlines for Monday, October 13 at 5:06 PM Eastern Time, Business Bible News where Daily News meets Daily Principle. In today's business headlines, Goldman Sachs agrees to acquire the venture capital firm Industry Ventures for $7B, expanding its investment portfolio significantly. The deal is expected to enhance Goldman Sachs' capabilities in the venture capital sector, allowing it to tap into a broader range of technology and innovation opportunities. Barron's reports that gold could potentially hit $5,000 per ounce, according to a leading strategist, but there are concerns about a possible market crash. Investors are closely monitoring the fluctuations in the gold market as uncertainty looms over economic conditions. Meanwhile, TipRanks highlights that stocks related to quantum computing are soaring today, driven by renewed investor interest and breakthroughs in the technology. Companies like IONQ, QBTS, and RGTI are seeing significant gains, reflecting the growing optimism around quantum technologies. CNBC notes that quantum stocks surged after JPMorgan's push into strategic technology investments, further validating the industry's potential for growth. Barron's also discusses how rare earth stocks, including MP Materials, are soaring as political factors involving Trump and China drive the rally in this critical sector. These developments underscore the importance of geopolitical dynamics on market performance. Now turning to BBNews Market Analysis, global markets are mixed today. In overseas trading, the Shanghai Composite is down 5 points. In US markets, the S&P 500 is up 101 points to 6,653, the Dow Jones Industrial Average is up 589 points to 46,068, and the Nasdaq Composite is up 494 points to 22,698. The ten-year Treasury yield is at 4.05. In commodities, Brent Crude is flat at $59 per barrel, while gold is up $155 to $4,131 per ounce. In sports news, ESPN reports that Minnesota Vikings quarterback J.J. McCarthy practiced for the first time since suffering a high ankle sprain, but his status for the upcoming week remains uncertain as Coach Kevin O'Connell has not confirmed whether he will start. In entertainment news, Variety covers 'Thor' star Tessa Thompson's reflections on her career, charming an audience at the BFI London Film Festival. She spoke about her journey from blockbuster hits to indie dramas. Today's Daily Principle is BUSINESS, specifically dealing with Sabbath Rest. This principle is found in Luke 4–16. The verse reads: 'Then Jesus went to Nazareth, where he had been brought up, and on the Sabbath he went as usual to the synagogue. He stood up to read the Scriptures.' This principle emphasizes the importance of taking regular breaks and dedicating time to rest and reflection, which can lead to greater productivity and clarity in business decisions. By observing periods of rest, business leaders can recharge and return with renewed focus and energy to drive their enterprises forward. Learn more at businessbible.com where Daily News meets Daily Principle.