Oil Prices Fall as Stocks Climb Despite Middle Eastern Tensions

Stocks on Wall Street gained ground on Friday as oil prices fell for the first time in a week, despite ongoing heavy fighting in the Middle East that threatens to slow global oil flows.

The S&P 500 rose by 0.4%, but still faces a second consecutive losing week - a feat last seen in March.

This comes as crude oil prices dropped for the first time in seven days, a sign of relief from recent tensions in the Middle East.