Monday August 24, 2015

// August 24th, 2015 // Daily News

Dow futures off 700 points; Nasdaq futures fall 5%, go limit down

CNBC.com

U.S. stock index futures screamed lower on Monday, with Dow futures briefly tumbling more than 700 points, as fears surrounding the health of China’s economy multiplied.
The Dow futures held about 650 points lower, with the S&P futures off about 70 points, and the Nasdaq 100 futures off about 5 percent, which marks the lower end of the price limit.
These concerns saw the benchmark Shanghai Composite index notch up its biggest one-day percentage loss since 2007 on Monday, closing down 8.5 percent.
Panic spread to European markets, with the pan-European FTSEurofirst 300 as much as 3 percent in early London trading. All major bourses were off a similar amount. The index has shed over $1 trillion in market value in August so far.
Japan’s Nikkei 225 index also finished at its lowest closing level since February 23, as a double whammy of China-related fears and a rejuvenated yen brought the bourse down by its biggest one-day drop in more than 2 years.
The major falls come after U.S. stocks closed deep in the red on Friday, pushing the Dow and Nasdaq into correction territory.The major averages had their biggest trade volume day of the year and posted their worst week in four years.
Oil prices crashed to fresh six and half year lows on Monday, after Chinese stock markets suffered, intensifying worries over the outlook for global oil demand.
Brent oil was trading down 4.6 percent, at $43.36 a barrel. U.S. October crude was down 4.1 percent at $38.80 a barrel

Today’s Inspiration

You Can Handle Whatever Life Hands You

by Joyce Meyer – posted August 24, 2015

Yet amid all these things we are more than conquerors and gain a surpassing victory through Him Who loved us.
– Romans 8:37

For years, I have pondered what being “more than a conqueror” means. I’m sure other people have other perspectives, but I have come to the conclusion that being more than a conqueror means having such confidence that no matter what comes up in your life, you know that through Christ you can handle it. You know before you are ever faced with a problem that you’re going to have victory over it.

So therefore, you don’t dread things, you don’t fear the unknown, you don’t live in anxiety about what’s going to happen in uncertain situations. It doesn’t really matter what the specifics of the situation are; you know you can handle it through Christ. For you, defeat isn’t an option!

Begin to think every day, I can handle whatever life hands me. I can do whatever I need to do in life. I am more than a conqueror. I am equal to anything through Him who infuses inner strength into me. Even before you get out of bed in the mornings, let these thoughts roll over and over in your mind, and your confidence will skyrocket and you will find that indeed, you can do whatever you need to do in life.

Right thinking is the first step toward a better life. Wishing won’t work. Being jealous of someone who has what you desire does no good. Self-pity is a waste of time and energy. Discovering God’s will through an accurate knowledge of His Word and beginning to think as He thinks is the beginning of a new life for anyone who desires one.

Trust in Him: In what specific situation do you need to believe you are more than a conqueror? Trust that through Christ, you are equal to anything.

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