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Latest stock market news from Wall Street - CNNMoney.com Updated : Oil spikes, stocks slump Stocks slipped Friday morning, as oil and gas prices hit new all-time highs and consumer sentiment retreated, overshadowing any relief about a surprise jump in new home construction. Publ.Date: Fri, 16 May 2008 13:06:49 EDT Source: CNN.com The new real estate boom. Really. Oil hit another record high on Friday. So it's no surprise that natural resources mutual funds, funds that invest in energy companies and other plays on surging commodities, are the best performing domestic stock funds this year. Publ.Date: Fri, 16 May 2008 14:27:22 EDT Source: CNN.com Gas prices are not priority for refineries Oil refineries are ramping up production, but they are focused on making heating oil and diesel fuel, not gasoline - as a result, summer drives may not get any cheaper. Publ.Date: Wed, 14 May 2008 13:49:40 EDT Source: CNN.com A solid fund for a shaky market During times of market turmoil, it helps to get perspective from a truly savvy Wall Street veteran - someone like Chris Davis, lead manager of $11.3 billion Selected American Shares, a Money 70 fund. Publ.Date: Fri, 16 May 2008 16:17:39 EDT Source: CNN.com

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