Business Bible News Market Minute: September 18 @ 12:00PM ET

This is a Business Bible News Market Minute for Thursday September 18 at 12:00 PM Eastern Time, Business Bible News where Daily News meets Daily Principle. Flash Business Headlines: American Express Co. is boosting the annual fee for its Platinum consumer credit card to $895 — a $200 increase — and adding about $1,500 of potential perks to help customers get over the sticker shock, according to Bloomberg. In more tech news, Huawei Technologies Co. unveiled new technology from memory chips to AI accelerators, outlining publicly for the first time its multiyear plan to challenge Nvidia Corp.’s dominance in a growing market. Additionally, Chinese tech stocks climbed Thursday, with a key index hitting a near 4-year high as AI-fueled buying and a regulatory ban on an Nvidia Corp. chip boosted prospects for domestic rivals, as reported by Bloomberg. BBNews Market Analysis: Today, global markets are mixed. In overseas trading, the Shanghai Composite is down 43 points. In US markets, the S&P 500 is up 34 points to 6,634, the Dow Jones Industrial Average is up 85 points to 46,103, and the Nasdaq Composite is up 211 points to 22,473. The 10-year Treasury yield is at 4.13. Commodities: Brent crude is down to $63 per barrel. Gold is down $8 to $3,673 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.