Wall Street is drifting Friday as it heads toward the end of its worst week in a month. The Standard & Poor's 500 was 0.2% lower in early trading and on track to break a two-week winning streak. The Dow Jones industrial average was down 31 points, or 0.1%, as of 9:45 a.m. Eastern, and the Nasdaq composite was 0.2% lower.
A barrel of benchmark U.S. oil added 0.6% to $88.89. It’s been bouncing around since the latest Hamas-Israel war began, after leaping from $70 to more than $93 through the summer. Brent crude, the international standard, rose 0.9% to $93.19 per barrel. On Wall Street, SolarEdge tumbled 29.3% after the solar technology company slashed its sales and profit expectations for the current quarter. The company, based in Tel Aviv, Israel, said the war there was not a factor.
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