Oil Prices Dip Amid Mideast Tensions as Stocks Rise

Stocks rose on Wall Street while crude oil prices fell for the first time in a week, despite ongoing heavy fighting in the Middle East that threatened to slow global oil flows.

The uptick in stocks came as investors looked past the escalating tensions and focused on the US economy's resilience, said AP Business Writer Damian J. Troise.

Crude oil prices, however, took a hit, dropping for the first time in a week due to concerns about global supply and demand.