This is a Business Bible News Headlines for Tuesday January 13 at 8:09 AM Eastern Time, Business Bible News where Daily News meets Daily Principle. Business Headlines: The stock market is reaching new heights as the Dow Jones Industrial Average and the S&P 500 close at record levels. According to Investor's Business Daily, the S&P 500 has made significant gains, reflecting investor confidence and market momentum. In another report, Bloomberg highlights that Abivax's CEO claims that Big Pharma cannot overlook its experimental drug, suggesting potential disruptions in the pharmaceutical industry. Meanwhile, TipRanks offers an analysis of Envirotech Vehicles' stock, explaining the reasons behind its surge today, indicating robust investor interest in green technologies. The BBC reports on President Trump's recent plan to cap credit card costs, which has resulted in a decline in bank shares, raising questions about the future of credit card companies. Additionally, Axios discusses the rise of artificial intelligence and the emergence of a new class of wealthy individuals, signaling a shift in the economic landscape driven by technology. Lastly, a report from CNBC states that Capital One's shares have dropped significantly following Trump's comments on credit card rate caps, indicating a turbulent time for financial institutions. BBNews Market Analysis: Global markets are mixed today. In overseas trading, the Nikkei leads the way with a move of 1,521 points. In US markets, the S&P 500 is up 10 points to 6,976, the Dow Jones Industrial Average is up 83 points to 49,587, and the Nasdaq Composite is up 62 points to 23,733. The 10 year Treasury yield is at 4.19. Commodities: Brent Crude is up $1 to $60 per barrel. Gold is down $3 to $4,601 per ounce. Sports news: The NFL's recent wild card weekend has created a buzz, with teams analyzing their strategies as they prepare for the divisional round. According to NFL.com, Jim Harbaugh addresses whether Greg Roman is the right play-caller for the Los Angeles Chargers after a disappointing performance against the New England Patriots. Entertainment news: Unfortunately, we do not have entertainment headlines to report today. The Daily Principle: Today's Daily Principle is BUSINESS, specifically dealing with Work. This principle is found in Genesis 29–14. The verse reads: "Laban said, 'Yes, indeed, you are my own flesh and blood.' Jacob stayed there a whole month. Jacob Serves Laban for Rachel and Leah." This principle illustrates the importance of commitment and hard work in professional relationships. In a business context, it emphasizes the value of dedication and the connections we build with others in our work environment. Building strong relationships can lead to opportunities and success in our careers. Learn more at businessbible.com where Daily News meets Daily Principle.
