Business Bible News Market Minute: April 27 @ 9:30AM ET

This is a Business Bible News Market Minute for Monday April 27 at 9:30 AM Eastern Time. According to Bloomberg, China’s industrial profits surged as reflation offsets rising costs for firms, showing a significant divergence between companies under pressure and those benefiting from higher oil prices and advancements in artificial intelligence. Global markets are up today. In overseas trading, the Nikkei is up 844 points. The Nasdaq is the largest mover among U.S. indices, rising 398 points to 24,836. Oil is trading at $95 per barrel while gold is at $4,716 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.