Commerce Sec Lutnick: Financial security needs to chips made in the US

Dow dips 0.45% as Boeing pulls back; summer doldrums hit trading volume. Investors eye caution.

Gold's 2025 rally crushes stocks, bonds & BTC. UBS hikes forecast to $3.7K on Fed cuts, dollar weakness.

Housing starts rise 2.8% to 939k, permits up 0.5% despite high rates. Builders cut prices as inventory nears 2007 highs.

Gold's price moves like Manhattan real estate, driven by conviction buyers (70% of moves). Up 27% YTD, GS sees $3.7K by 2025.

VKTX plunges 40% on underwhelming weight-loss drug trial results; investors eye future readouts.

Bernstein sees Coinbase +60% to $510, Robinhood +40% to $160 as BTC eyes $200k. Crypto rally expected to outlast cycles.

Mixed data dims Fed cut hopes; S&P 500 flat. Powell's Jackson Hole speech key for rate path.