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Barchart
Barchart
Rich Asplund

Stocks Retreat From Initial Highs as Oil Prices Rebound

Oil CE SP United States Inflation Iran Strait of Hormuz Dow Jones Industrial Average GDP US Federal Reserve

The S&P 500 Index ($SPX) (SPY) today is up +0.08%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.30%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.14%.  

After initially opening higher, stocks are now mixed. WTI crude oil has rebounded off earlier lows and is up +0.33%. Oil and the Strait of Hormuz are in focus. 

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