Business Bible News Market Minute: January 9 @ 11:00AM ET

This is a Business Bible News Market Minute for Friday, January 9 at 11:00 AM Eastern Time. According to Bloomberg, US President Donald Trump is directing Fannie Mae and Freddie Mac to purchase $200B in mortgage bonds, a move he cast as his latest effort to bring down housing costs ahead of the November midterm election. Global markets are up today. In overseas trading, the Nikkei is up 800 points. The Nasdaq is the largest mover in US markets, up 114 points to 23,594. Oil is trading at $59 per barrel while gold is at $4,522 per ounce. Today's Daily Principle is BUSINESS, specifically dealing with Lending. This principle is found in Deuteronomy 28–12. The verse reads: 'He will send rain in season from his rich storehouse in the sky and bless all your work, so that you will lend to many nations, but you will not have to borrow from any.' Learn more at businessbible.com where Daily News meets Daily Principle.