Business Bible Headlines: October 21 @ 5:00PM ET

This is a Business Bible News Headlines for Tuesday October 21 at 5:04 PM Eastern Time, Business Bible News where Daily News meets Daily Principle. Business Headlines: Gold prices suffer their worst loss in 12 years after a significant rally, leading to declines in related exchange-traded funds and mining stocks. Investor's Business Daily reports that the fallout from the gold market is seen as a critical indicator for investors tracking commodity performance. Additionally, Netflix is set to report its earnings after the closing bell, with analysts predicting fluctuating numbers due to competitive pressures in the streaming market, as detailed by CNBC. Meanwhile, defense companies are optimistic, raising their outlooks for 2025, citing increased demand in a geopolitical landscape that remains tense, according to another report from CNBC. In a notable shift, General Motors stock is soaring after the company reported Q3 earnings that exceeded expectations, despite challenges in the electric vehicle sector, as reported by Investor's Business Daily. Lastly, a report from Barron's indicates that the Dow Jones Industrial Average is rising as earnings season gathers momentum, showcasing the resilience of corporate America. BBNews Market Analysis: Global markets are mixed today. In overseas trading, the Shanghai Composite leads the way with a move of 54 points. In US markets, the S&P 500 is down 0 points to 6,734, the Dow Jones Industrial Average is up 217 points to 46,923, and the Nasdaq Composite is down 18 points to 22,971. The 10-year Treasury yield is at 3.96. Commodities: Brent Crude is flat at $57 per barrel. Gold is down $196 to $4,139 per ounce. Sports news: The Jets are moving toward naming Tyrod Taylor as their starting quarterback for the upcoming game against the Bengals, according to NBC Sports. This decision comes as the team looks to improve its performance mid-season. Entertainment news: Netflix is expanding its merchandise by collaborating with Mattel and Hasbro to create 'KPop Demon Hunters' toys and collectibles, as reported by Variety. This strategic move follows the success of the animated musical hit and aims to capitalize on its popularity. The Daily Principle: Today's Daily Principle is ECONOMICS, specifically dealing with Workweek. This principle is found in Luke 13–14. The verse reads: "The official of the synagogue was angry that Jesus had healed on the Sabbath, so he spoke up and said to the people, “There are six days in which we should work; so come during those days and be healed, but not on the Sabbath!”" This principle emphasizes the importance of recognizing the balance between work and rest in a modern business context. In today's fast-paced world, it is essential to allocate time for both productivity and recuperation to maintain a sustainable work environment. Learn more at businessbible.com where Daily News meets Daily Principle.