Stocks pare losses to finish mixed after oil spikes
AP , New York: May 16 2008
Made Popular May 16 2008

Stocks have ended the week narrowly mixed following another spike in oil prices and a surprise jump in home construction.

Wall Street is trying to determine if rising energy prices are likely to prevent the economy, including the battered housing sector, from recovering.

The Dow Jones industrial average is finishing off about 5 points at the 12,986 level.

The major indexes ended the week with sharp gains.

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