Business Bible News Market Minute: February 20 @ 5:00AM ET

This is a Business Bible News Market Minute for Friday February 20 at 5:00 PM Eastern Time. According to Bloomberg, stocks fell while oil climbed to its highest level since August due to escalating tensions in Iran affecting market sentiment. Global markets are down today. In overseas trading, the Nikkei is down 596 points. The Dow is down 269 points to 49,392. Oil is trading at $66 per barrel while gold is at $5,053 per ounce. Today's Daily Principle is Economics, specifically dealing with Causality. This principle is found in Psalm 1–3. The verse reads: 'They are like trees that grow beside a stream, that bear fruit at the right time, and whose leaves do not dry up. They succeed in everything they do.' Learn more at businessbible.com where Daily News meets Daily Principle.