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Markets are mixed in early trading, with stocks and crude oil alternating between gains and losses. The same goes for gold and silver. Treasuries are mostly flat, while the dollar is a bit higher.
Unease about negotiations to reopen the Strait of Hormuz boosted oil and yields but pressured stocks at the start of a big week for inflation data.
Volatility continued Friday as a new round of tariffs amplified inflation fears and Intel's earnings couldn't overcome a risk-off stance toward chip stocks.
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