Quiet Day on Wall Street Finishes Flat as Bitcoin Falters

• Call traders swarm chip stock favorite.
• Buyout buzz sends software stock surging.
• Plus, FDA boost for NVO; another Wall Street newbie soaring; and an energy stock with promise.

5 Things to Know Today

1. Flight attendants for Air Canada remained on strike despite the labor board's demand to return to work, disrupting hundreds of thousands of flights. (Bloomberg)
2. Flooding risk and dangerous surf conditions have signaled residents of the Outer Banks in North Carolina to be cautious of incoming hurricane Erin, which is now a Category 4. (Washington Post)
3. FDA approval boosts struggling pharmaceutical stock.
4. Wall Street newb draws investor attention.
5. Utilities name could soon roar higher.

Oil Moves Higher Amid Trump-Zelenskyy Meeting 

The Trump-Zelenskyy meeting is triggering a lift in crude prices, especially following Trump's Alaska-based meeting with Russia's Vladimir Putin. For the day, September-dated West Texas Intermediate (WTI) added 62 cents, or 0.99%, to close at $63.42 per barrel.

Anticipation surrounding the Jackson Hole summit kept gold prices mostly stagnant today. August-dated gold futures inched slightly lower, down 0.1%, to settle near $3,379.70 per ounce.