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Oil prices jump following fighting with Iran, while sinking AI stocks drag Wall Street lower

NEW YORK (AP) — Oil prices are back to jumping on Wednesday, while sinking technology stocks are dragging Wall Street lower ahead of a Federal Reserve decision on what to do with interest rates. The S&P 500 fell 1%. The Dow Jones Industrial Average was down 878 points, or 1. 7%, as of 12:43 p. m. Eastern time, and the Nasdaq composite was 1. 2% lower. The action was even stronger in the oil market, where the price of Brent crude leaped 6. 7% to $87. 55 per barrel after fighting resumed in of...

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