Good morning, I’m filling in for Spencer Jakab. Crude prices are hopping after U.S. forces attacked two Iranian rocket launchers in the Strait of Hormuz Sunday, the first American strike in weeks. Iran responded with attacks of its own. Futures are pointing to a subdued open for stocks. And shorter-term Treasury yields are giving up some of the gains made following Kevin Warsh’s Jackson Hole speech at the end of last week.

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