Business Bible News Market Minute: April 13 @ 6:00AM ET

This is a Business Bible News Market Minute for Monday April 13 at 6:00 AM Eastern Time. According to Bloomberg, Oil surged while stocks and bonds fell as a brief bout of market optimism unraveled after President Donald Trump ordered a blockade of the Strait of Hormuz, escalating tensions with Iran after weekend peace talks collapsed. Global markets are down today. In overseas trading, the Nikkei is down 359 points. The Dow is down 264 points to 47,921. Oil is trading at $104 per barrel while gold is at $4,734 per ounce. Today's Daily Principle is BUSINESS, specifically dealing with Lending. This principle is found in Deuteronomy 28–12. The verse reads: 'He will send rain in season from his rich storehouse in the sky and bless all your work, so that you will lend to many nations, but you will not have to borrow from any.' Learn more at businessbible.com where Daily News meets Daily Principle.