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BUSINESSJul 29 · 13:44 UTCWPLG LOCAL 10 MIAMIBy STAN CHOE, Associated Press

Oil prices jump following fighting in the Middle East, while US stocks drift

Oil prices surged 5.6% due to renewed fighting between Iran and the U.S. in the Middle East, while U.S. stocks showed mixed performance ahead of the Federal Reserve's interest rate decision. The S&P 500 fell 0.1%, the Dow Jones dropped 0.9%, and the Nasdaq rose 0.1%.

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Oil prices jump following fighting in the Middle East, while US stocks drift · The Nexus