This is a Business Bible News Headlines for Wednesday 10/15 at 9:09 AM Eastern Time, Business Bible News where Daily News meets Daily Principle.In today’s business headlines, we see that Dow Jones futures are rising, with shares of AI chip giant ASML and Bank of America jumping on positive earnings reports. Morgan Stanley is also expected to report its earnings today, creating anticipation in the market. In other news, Morgan Stanley has posted a massive 3Q earnings beat, demonstrating strong performance amidst market volatility. Bank of America has exceeded estimates, largely driven by stronger-than-expected revenue from its investment banking division, showcasing resilience in financial services. Meanwhile, U.S. consumers are bracing for higher holiday prices and a potentially weaker economy, according to a recent survey, highlighting caution as we approach the holiday season. Additionally, top U.S. financiers are sounding alarm bells regarding tightening lending standards, signaling caution in the financial sector.BBNews Market Analysis: Global markets are mixed today.In overseas trading, the Nikkei leads the way with a move of 838 points.In U.S. markets, the S&P 500 is down 10 points to 6,643, the Dow Jones Industrial Average is up 202 points to 46,270, and the Nasdaq Composite is down 164 points to 22,530.The 10-year Treasury yield is at 4.02.Commodities: Brent Crude is flat at $59 per barrel. Gold is up $68 to $4,207 per ounce.In sports news, according to Sports Illustrated, fantasy football expert Michael Fabiano provides insights on starts and sits for defense and kickers in week 7 of fantasy football.In entertainment news, Entertainment Weekly reports that the success of the movie 'Titanic' was nearly derailed before it even hit theaters, with a last-minute gamble that saved it from failure.Today's Daily Principle is BUSINESS, specifically dealing with LENDING. This principle is found in Proverbs 28–8. The verse reads: "If you get rich by charging interest and taking advantage of people, your wealth will go to someone who is kind to the poor."This principle reminds us that ethical lending practices are crucial in business. By focusing on kindness and fairness, companies can build lasting relationships with their clients and contribute positively to the community. In the long run, integrity in financial dealings fosters trust and prosperity, aligning with true success in business ventures. Learn more at businessbible.com where Daily News meets Daily Principle.
