Business Bible News Market Minute: September 17 @ 9:30AM ET

This is a Business Bible News Market Minute for Wednesday September 17 at 9:30 AM Eastern Time, Business Bible News where Daily News meets Daily Principle. Flash Business Headlines: In a report from Bloomberg, US Treasury Secretary Scott Bessent has been implicated in contradictory mortgage pledges, similar to tactics used by President Donald Trump in his ongoing disputes with the Federal Reserve. This revelation comes amid broader discussions on the mortgage and financial landscape. In another significant development, Bloomberg reports that China has lifted an exit ban on a Wells Fargo banker, a move that coincides with potential trade negotiations between US President Donald Trump and Chinese President Xi Jinping. Additionally, Microsoft and OpenAI have announced plans to invest tens of $B in technology infrastructure in the UK, aligning with President Trump's visit to the country this week. Turning to market analysis, global markets are mixed today. In overseas trading, the Shanghai Composite is up 16 points. In US markets, the S&P 500 is down 5 points to 6,610, the Dow Jones Industrial Average is up 47 points to 45,881, and the Nasdaq Composite is up 192 points to 22,333. The ten-year Treasury yield is at 4.02%. In commodities, Brent Crude is up $1 to $64 per barrel, and gold is up $28 to $3,710 per ounce. The Daily Principle: 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 Principles.