Business Bible News Market Minute: May 5 @ 9:30AM ET

This is a Business Bible News Market Minute for Tuesday May 5 at 9:30 AM Eastern Time. According to Bloomberg, HSBC Holdings Plc reported profit that missed estimates, weighed down by an unexpected charge related to the collapse of UK mortgage lender Market Financial Solutions Ltd. and rising economic risks stemming from the conflict in the Middle East. Global markets are mixed today. In overseas trading, the DAX is up 364 points. The Dow is the largest mover, up 249 points to 49,191. Oil is trading at $102 per barrel while gold is at $4,590 per ounce. Today's Daily Principle is BUSINESS, specifically dealing with Redemption Price. This principle is found in Philemon 1–18. The verse reads: 'If he has done you any wrong or owes you anything, charge it to my account.' Learn more at businessbible.com where Daily News meets Daily Principle.