Business Bible News Market Minute: December 16 @ 3:00PM ET

This is a Business Bible News Market Minute for Tuesday December 16 at 3:00 PM Eastern Time. According to Bloomberg, China's retail sales have weakened to the worst level since the Covid crisis, indicating further risks to the economy as investment continues to decline. Global markets are down today. In overseas trading, the Nikkei is down 682 points. The Dow is down 348 points to 48,068. Oil is trading at $55 per barrel while gold is at $4,343 per ounce. Today's Daily Principle is BUSINESS, specifically dealing with Inheritance. This principle is found in Proverbs 20–21. The verse reads: 'The more easily you get your wealth, the less good it will do you.' Learn more at businessbible.com where Daily News meets Daily Principle.