Business Bible News Market Minute: May 1 @ 4:00PM ET

This is a Business Bible News Market Minute for Friday May 1 at 4:00 PM Eastern Time. According to Investor's Business Daily, shares of Summit Therapeutics crashed Friday after the company announced that its lung cancer treatment did not pass muster. Global markets are mixed today. In overseas trading, the Nikkei is down 407 points. The Nasdaq is up 217 points to 25,109. Oil is trading at $102 per barrel while gold is at $4,626 per ounce. Today's Daily Principle is BUSINESS: MANAGEMENT, specifically dealing with Fair Value. This principle is found in 1 Chronicles 21–22. The verse reads: "David said to him, “Sell me your threshing place, so that I can build an altar to the Lord, to stop the epidemic. I'll give you the full price.”" Learn more at businessbible.com where Daily News meets Daily Principle.

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This episode was published on May 1, 2026.

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