Business Bible News Market Minute: May 18 @ 9:30AM ET

This is a Business Bible News Market Minute for Monday May 18 at 9:30 AM Eastern Time. According to Bloomberg, China's economy shows a significant slowdown in April as investment returns to contraction, raising concerns about the government's hesitance to implement additional stimulus measures amidst a global energy crisis affecting factories and consumers. Global markets are mixed today. In overseas trading, the Nikkei is down 589 points. The Nasdaq is up 37 points to 26,263. Oil is trading at $99 per barrel while gold is at $4,571 per ounce. Today's Daily Principle is ECONOMICS, specifically dealing with Recession. This principle is found in Genesis 41–30. The verse reads: 'After that, there will be seven years of famine, and all the good years will be forgotten, because the famine will ruin the country.' Learn more at businessbible.com where Daily News meets Daily Principle.