Stocks fall; eyes on oil, Wal-Mart
May 13 - U.S. stocks lost ground as oil hit a new intraday record near $127 a barrel and a cautious outlook from Wal-Mart heightened worries about the consumer.
April retail sales figures released by the Commerce Department showed consumers are resilient in the face of higher costs.
Hewlett-Packard shares fell over 5 percent on its $13.9 billion planned acquisition of Electronic Data Systems.
Conway Gittens reports from New York.
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