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We are excited to launch the "No More Spineless Weasels" promotion, inspired by our founder Dan Celia’s stand against weak politicians. For a limited time, we are offering special gifts with any contribution! We just ask that you consider covering the cost of shipping and handling. Click HERE to learn more. | |
There is therefore now no condemnation to those who are in Christ Jesus, who do not walk according to the flesh, but according to the Spirit. - Romans 8:1
Guilty people can, and should, expect condemnation. We get what we deserve. But the Holy Spirit, through the pen of the Apostle Paul, reveals in this verse that in Christ, we receive no condemnation.
Why? In Christ, our sins are covered by His perfect righteousness. When God looks at us, He declares us not condemned, but innocent and righteous. This happens because Christ has taken our sins upon Himself and transferred His righteousness to us. In Christ, we stand before the Father forgiven, spotless, and pure. Believer, when you fall, remember your standing in Christ before God. There is no greater promise than knowing that there is no condemnation for us who are in Christ!
If you want to study the scriptures and learn more about the truth of the gospel, join our weekly Bible Study every Friday morning at 6:30 Eastern time, 5:30 Central time. Click here to learn how to join.
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FOR THE WEEK: Nasdaq Gains as Megacap Stocks Outperform
The DJIA dropped 1,161.51 points, or 2.7%, to close at 42,114.40.
The Nasdaq gained 29.06 points, or 0.2%, ending at 18,518.61.
The S&P lost 56.57 points, or 1%, closing at 5,808.12.
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The Dow Jones Industrial Average fell 259.96 points, or 0.61%, to close at 42,114.40; the Nasdaq Composite gained 103.12 points, or 0.56%, ending at 18,518.61; the S&P dropped 1.74 points, or 0.03%, closing at 5,808.12.
The Nasdaq rose on Friday, driven by megacap shares, as Treasury yields slipped from the week's high ahead of quarterly results from some of Wall Street's biggest companies next week.
Health care stocks were declining late Friday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each shedding 0.5%.
Tech stocks advanced late Friday afternoon with the Technology Select Sector SPDR Fund (XLK) rising 0.7% and the SPDR S&P Semiconductor ETF (XSD) climbing 1.3%. The Philadelphia Semiconductor index advanced 1.5%.
Financial stocks were declining in Friday afternoon trading, with the NYSE Financial Index down 0.9% and the Financial Select Sector SPDR Fund (XLF) falling 1%.
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Consumer stocks were mixed late Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.2%.
Energy stocks edged higher late Friday afternoon with the NYSE Energy Sector Index up 0.3% and the Energy Select Sector SPDR Fund (XLE) increasing 0.1%.
The Philadelphia Oil Service Sector Index climbed 1.3%, and the Dow Jones US Utilities index fell 1.3%.
West Texas Intermediate crude oil rose 2.3% to $71.80 a barrel, while global benchmark Brent advanced 2.3% to $76.07 a barrel. Henry Hub natural gas futures increased 1.5% to $3.06 per 1 million BTU.
Gold prices edged up on Friday after recovering from a profit-taking bout. U.S. gold futures settled 0.2% higher at $2,754.60. Spot silver fell 0.3% to $33.61 per ounce after hitting a 12-year high of $34.87 earlier this week. Platinum lost 0.2% to $1,024.20.
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Tesla Chief Executive Elon Musk said he expects vehicle sales to grow 20% to 30% next year, aided by improvements in autonomous technology and the launch of more affordable models.
U.S. economic activity was little changed from September through early October and firms saw a slight uptick in hiring, continuing recent trends that have reinforced expectations the Federal Reserve will opt for a smaller 25-basis-point reduction.
U.S. existing home sales dropped to a 14-year low in September, weighed down by higher mortgage rates and house prices.
New-home sales in the US rose more than expected last month while median prices at the national level picked up both sequentially and annually, government data showed Thursday.
Manufacturing activity in the US Midwest region improved to shallower contraction territory this month, a report from the Federal Reserve Bank of Kansas City showed.
U.S. mortgage rates increased for a fourth straight week this week, suggesting the housing market could remain on the back foot for some time even as the Fed cuts interest rates.
Weekly applications for unemployment insurance in the US declined last week, while continuing claims rose to their highest point since November 2021.
CNBC Survey: Voters say they will be better off financially if Trump wins, 42% to 24%. 29% said they expect their finances to stay the same regardless of who wins.
The eye-watering financial cost of the migrant crisis hit $150 billion last year, causing devastating consequences for residents of hard-hit cities struggling to cope with the influx.
U.S. semiconductor companies will get a closer look from investors in coming weeks, after diverging reports from two industry leaders abroad set off a volatile few days of trading.
The country’s biggest banks said American consumers appeared to be on steadier financial footing in the third quarter, suggesting the economy has either reached or neared a soft landing.
Bitcoin is emerging as a beacon of financial sovereignty amid global economic uncertainties and geopolitical tensions, increasingly becoming an alternative to the dollar's global dominance.
Nvidia dethroned Apple as the world's most valuable company on Friday, following a record-setting rally in the stock powered by an insatiable demand for its new supercomputing AI chips.
Striking workers' rejection of planemaker Boeing's latest contract offer has created a fresh threat to operations at aerospace suppliers.
U.S. nonfarm payrolls in October could be reduced by as many as 41,000 jobs amid strikes in the aerospace manufacturing industry and at three hotel chains, government data showed on Friday.
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Does Every Vote Really Matter? Here’s Proof
Imagine you’re a candidate who took the scary leap and ran for office. Then imagine what it would be like once the ballots were tallied on Election Day to find out you didn’t win. And you didn’t lose. Your race ended in a tie. Or imagine you’re in a different race and find out you lost by a single vote. These stories, and many others like them, aren’t hypothetical. They’ve actually happened.
Every election cycle we hear, “Be sure to vote” and “Every vote matters.” We know that’s what we’re supposed to say as responsible citizens, but some Americans aren’t convinced.
According to a recent survey conducted by George Barna and the Cultural Research Center at Arizona Christian University, there are an estimated 41 million born-again Christians who are unlikely to vote in the 2024 elections (and 32 million unlikely to vote who regularly attend church).
Read More
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Kamala Vows to Destroy the Supreme Court |
Speaking during a town hall with CNN Wednesday night, Vice President Kamala Harris entertained a court packing scheme that would destroy the U.S. Supreme Court should she be elected president in November.
"I do believe there should be some kind of reform to the Court," Harris said when asked if she would support expanding the Supreme Court to 12 justices.
Harris falsely claimed the "American people" are losing confidence in the Supreme Court. Reality proves it's Democrats who continue to undermine decisions that don't fall in line with their political goals.
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Financial Times Poll: Trump Leads Harris on Economy |
Former President Donald Trump, the Republican presidential candidate, leads his Democrat rival Kamala Harris on the U.S. economy, a Financial Times poll found Thursday.
The poll found 44% of registered voters said they trusted Trump more to handle the economy versus 43% for Harris, FT reported.
"The results suggest Harris' economic pitch has run out of momentum in the final stretch of an increasingly tight race for the White House," according to the FT analysis. "The FT's poll tracker now shows the candidates in a virtual dead heat in the swing states that will decide the election."
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Trump requests dismissal of January 6 case over Jack Smith's appointment |
Attorneys for former President Donald Trump on Thursday asked a judge to dismiss the January 6 case against him, arguing that special counsel Jack Smith was unconstitutionally appointed, according to The Hill.
Smith was not confirmed by the Senate but was appointed by Attorney General Merrick Garland.
Smith has been leading two investigations into the former president, including a classified documents case that was dismissed earlier this year. However Smith is appealing the dismissal.
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The FISM (Financial Issues Stewardship Ministries) is the home of the program Financial Issues which focuses on financial headlines, investing, politics and encourages people to be thoughtful stewards of the money God has entrusted to them. Financial Issues is a live call-in radio and TV program heard and watched internationally. | |
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Disclaimer: The information and data provided in this communication is meant for informational purposes only. It is the option of an individual and should not be regarded as an offer to sell, a solicitation to buy, or a recommendation of any security, or as an offer to provide financial planning or investment advice. You should consult with your Financial Planner, Adviser and your Tax Account to make sure of the suitability for you of any investment you make. Understand that ALL investments contain risk of loss of principal and that should always be considered before investing. The user bears the sole responsibility of evaluating the merits and risks associated with the use of any information obtained from Financial Issues Stewardship Ministries, Daniel J. Celia, or Shana Burt of Exodus Financial Services and GA Repple. Although the information provided is obtained or compiled from sources believed to be reliable, Financial Issues Stewardship Ministries, Daniel J. Celia and Shana Burt of Exodus Financial Services and GA Repple do not guarantee the reliability, accuracy, timeliness or completeness of any information or data made available to the recipient of this message for any particular purpose.
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