Business Bible News Market Minute: May 26 @ 4:00PM ET

This is a Business Bible News Market Minute for Tuesday May 26 at 4:00 PM Eastern Time. According to Bloomberg, US consumer confidence edged down in May as views of current economic conditions settled back amid rising prices due to the war in Iran. Global markets are up today. In overseas trading, the Nikkei is up 1,714 points. The Nasdaq is up 308 points to 26,652. Oil is trading at $93 per barrel while gold is at $4,507 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.