A gauge of chipmakers edged up but posted its longest weekly drop since November, as a resurgence in oil prices dragged down stocks and bonds, stoking inflation concerns just days ahead of the Federal Reserve's interest rate decision. Brent crude settled near $117 amid a flare-up in Middle East violence threatening supplies. Most S&P 500 firms fell, and the Dow Jones Industrial Average slipped 1.2%. Treasuries relinquished a portion of the previous session’s rally. Odd Lots Co-Host Joe Weisenthal emphasized the importance of tech companies firing on all cylinders for the US economy.