Business Bible News Market Minute: September 18 @ 6:00AM ET

This is a Business Bible News Market Minute for Thursday September 18 at 6:00 AM Eastern Time, Business Bible News where Daily News meets Daily Principle. Flash Business Headlines: 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 Corporation chip boosted prospects for domestic rivals, according to Bloomberg. Federal Reserve Chair Jerome Powell rallied a deeply divided committee of policymakers behind an interest rate cut, tuning out heavy political pressure to find middle ground among officials who are worried by a faltering labor market and lingering inflation, as reported by Bloomberg. Two high-profile bids to put casinos in Manhattan’s Times Square and on undeveloped West Side land ended after community advisory committees rejected the projects in key votes Wednesday, Bloomberg states. BBNews Market Analysis: Global markets are mixed today. In overseas trading, the Nikkei is up 518 points. In US markets, the S&P 500 is down 5 points to 6,600, the Dow Jones Industrial Average is up 263 points to 46,021, and the Nasdaq Composite is down 84 points to 22,249. The 10-year Treasury yield is at 4.08. Commodities: Brent Crude is down $1 to $63 per barrel. Gold is up $23 to $3,705 per ounce. The Daily Principle: Today's Daily Principle is BUSINESS: MANAGEMENT, specifically dealing with Impartial. This principle is found in Proverbs 28–21. The verse reads: "Prejudice is wrong. But some judges will do wrong to get even the smallest bribe." Learn more at businessbible.com where Daily News meets Daily Principles.