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

This is a Business Bible News Market Minute for Thursday February 5 at 5:00 PM Eastern Time. According to Bloomberg, a slump in technology stocks is leading to a decline in Asian markets as investors react to concerns over frothy valuations and heavy spending in artificial intelligence. Global markets are down today. In overseas trading, the Nikkei is down 425 points. The Nasdaq is down 352 points to 22,903. Oil is trading at $64 per barrel while gold is at $4,904 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.