Business Bible News Market Minute: April 16 @ 6:00AM ET

This is a Business Bible News Market Minute for Thursday April 16 at 6:00 AM Eastern Time. According to Bloomberg, China’s economic growth rebounded more than expected in the first quarter, suggesting limited spillovers so far from the war in Iran but revealing few signs of turnaround in weak consumer spending. Global markets are up today. In overseas trading, the Nikkei is up 1,533 points. The Nasdaq is up 371 points to 24,010. Oil is trading at $89 per barrel while gold is at $4,835 per ounce. Today’s Daily Principle is ECONOMICS, specifically dealing with Recession. This principle is found in Genesis 41–30. The verse reads: 'After that, there will be seven years of famine, and all the good years will be forgotten, because the famine will ruin the country.' Learn more at businessbible.com where Daily News meets Daily Principle.