This is a Business Bible News Headlines for Friday October 24 at 9:02 AM Eastern Time, Business Bible News where Daily News meets Daily Principle. Business Headlines: Stock futures are rising in anticipation of highly awaited inflation data as investors look for cues on monetary policy. CNBC reports that traders are watching closely as the data could influence market sentiment significantly. In other news, Chinese stocks are climbing following a positive policy readout and a meeting between President Xi and President Trump, as reported by Bloomberg. This development comes amid easing US-China tensions, boosting investor confidence. Tech stocks are also powering gains as fears regarding US-China relations ease, according to Yahoo Finance's market wrap. The report highlights that investors are optimistic about sector performance, which is reflected in the overall market trends. Additionally, Bloomberg covers a rally in Asian markets ahead of the upcoming US Consumer Price Index release, indicating a potential shift in economic momentum. Meanwhile, Ford has managed to beat earnings expectations despite facing setbacks in the quarter, as detailed in Barron's. The automaker's performance indicates resilience in a challenging environment, and investors are keen to understand what this means for the stock moving forward. Finally, Intel's stock has risen after the company reported strong earnings, with the CFO stating that chip demand will continue to outpace supply into next year, another piece from Barron's that showcases the ongoing strength in the tech sector. BBNews Market Analysis: Global markets are up today. In overseas trading, the Nikkei leads the way with a move of 695 points. In US markets, the S&P 500 is up 38 points to 6,738, the Dow Jones Industrial Average is up 143 points to 46,734, and the Nasdaq Composite is up 202 points to 22,942 points. The 10 year Treasury yield is at 3.98. Commodities: Brent Crude is down $0 to $61 per barrel. Gold is down $30 to $4,094 per ounce. Sports news: In sports, NBC Sports reports that the Minnesota Vikings are looking to evaluate whether quarterback J.J. McCarthy will succeed or fail at the NFL level. As the team prepares for their next game against the Detroit Lions, all eyes will be on McCarthy's performance. In other sports news, the U.S. women's soccer team faced a setback as they were defeated by Portugal for the first time, with a score of 2 to 1, as highlighted by Yahoo Sports. This match marked an important moment as it was also Alex Morgan's farewell game. In entertainment news, Variety reports that Kathryn Bigelow's new film 'House of Dynamite' serves as a wake-up call regarding nuclear weapons, drawing attention to an important global issue. Additionally, CNN anchor Christiane Amanpour shared that her cancer has returned for a third time, revealing her journey and resilience in the face of adversity. The Daily Principle: Today's Daily Principle is INVESTING, specifically dealing with Reward. This principle is found in Revelation 22–12. The verse reads: "Listen!" says Jesus. "I am coming soon! I will bring my rewards with me, to give to each one according to what he has done." This principle reminds us that in the world of business and investing, the efforts we put forth today shape the rewards we will reap in the future. As we navigate the complexities of the market and business decisions, it is essential to remain diligent and focused, knowing that our actions will yield results. Striving for excellence and integrity in our business practices not only leads to personal success but also contributes to the greater good in our communities. As we invest our time, resources, and energy, let us remember the promise of rewards for our endeavors. Learn more at businessbible.com where Daily News meets Daily Principle.
