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 in mixed trading after oil prices briefly surged overnight on worries about fighting in the Middle East.
The S&P 500 was 0.2% lower in morning 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 196 points, or 0.5%, as of 10:45 a.m. Eastern time, and the Nasdaq composite was down 0.9%.
In the oil market, a barrel of Brent crude was back to $87.50, up 0.4%, 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 pared their big gains as …