Business Bible News Market Minute: July 1 @ 9:30AM ET

This is a Business Bible News Market Minute for Wednesday July 1 at 9:30 AM Eastern Time. According to Bloomberg, the Trump administration has declared a power emergency for the nation’s largest energy grid in advance of a dangerous heat wave that threatens to strain electricity infrastructure. Global markets are mixed today. In overseas trading, the Nikkei is up 364 points. The Nasdaq is down 173 points to 26,040. Oil is trading at $68 per barrel while gold is at $4,040 per ounce. Today's Daily Principle is ECONOMICS, specifically dealing with Scarcity. This principle is found in Ephesians 3–20. The verse reads: 'To him who by means of his power working in us is able to do so much more than we can ever ask for, or even think of:' Learn more at businessbible.com where Daily News meets Daily Principle.