NEW YORK (AP) — U.S. stocks are rebounding and clawing back much of their losses for the week after oil prices eased off their recent spurt. A strong earnings report from tech giant Oracle and an update on inflation across the United States that came in close to economists’ expectations also helped calm the market Friday. The S&P 500 rose 0.9% in early trading. The index is coming off four straight losses. The Dow Jones Industrial Average rose 527 points, and the Nasdaq composite climbed 0.8%. Brent crude fell 3% to $104.35 a barrel after nearing $110 overnight, its highest price since May.