NEW YORK — (AP) — Wall Street’s latest losing week looks to be coming to a relatively quiet close on Friday. U.S. stocks are drifting after oil prices briefly surged overnight on worries about fighting in the Middle East.
The S&P 500 was 0.1% higher in early trading and on track for its third straight losing week. That would be its longest such streak since September, before it broke out into a record-setting romp.
The Dow Jones Industrial Average was up 176 points, or 0.5%, as of 9:45 a.m. Eastern time, and the Nasdaq composite was down 0.2%.
In the oil market, a barrel of Brent crude was edging up by 0.1% at $87.18 after briefly leaping above $90 overnight. Iranian troops fired air defenses at a major air base and a nuclear site during an apparent Israeli drone attack, raising worries in the market. But crude prices erased their big gains as traders questioned …