International oil price hits latest close at $127.05 a barrel

, May 20 (Xinhua) -- International oil prices hit a new high on the 19th, with the price of oil in New York hitting a new closing record of $127.05 a barrelon the other hand, the dollar rose against most major currencies in New York on Thursday to close at $1.5516 as the u.Seconomic front rose in April, easing concerns about the Outlook for the U.SEconomythe U.SEconomic Advisory Chamber of Commerce reported Thursday that the leading U.Seconomic indicator rose 0.1 percent to 101.0 in April, the same as analysts had expectedThis is the second consecutive month of gains in the indicatorAnalysts say the U.Seconomy remains weak in terms of values, but may not continue to weakenThat eased investor sane investors' anxiety from a weak consumer confidence indexthe New York stock market on the 19th, the Nasdaq index was dragged down by individual stocksEconomic data released early in the day suggested that the U.Smay not have fallen into recession, to the comfort of investors, but the negative impact of rising oil prices has led to declines in sectors such as technology stocksThe Dow Jones industrial average rose 41.36 points, or 0.32 percent, to 13,028.16, the Nasdaq composite index fell 12.76 points, or 0.50 percent, to 2,516.09 and the Standard and Poor's 500 index gained 1.28 points, or 0.09 percent, to 1,426.63, May 20 (Xinhua) -- International oil prices hit a new high on the 19th, with the price of oil in New York hitting a new closing record of $127.05 a barrelon the other hand, the dollar rose against most major currencies in New York on Thursday to close at $1.5516 as the u.S economic front rose in April, easing concerns about the Outlook for the U.S Economy the U.S Economic Advisory Chamber of Commerce reported Thursday that the leading U.S economic indicator rose 0.1 percent to 101.0 in April, the same as analysts had expected This is the second consecutive month of gains in the indicator Analysts say the U.S economy remains weak in terms of values, but may not continue to weaken That eased investor sane investors' anxiety from a weak consumer confidence index the New York stock market on the 19th, the Nasdaq index was dragged down by individual stocks Economic data released early in the day suggested that the U.S may not have fallen into recession, to the comfort of investors, but the negative impact of rising oil prices has led to declines in sectors such as technology stocks The Dow Jones industrial average rose 41.36 points, or 0.32 percent, to 13,028.16, the Nasdaq composite index fell 12.76 points, or 0.50 percent, to 2,516.09 and the Standard and Poor's 500 index gained 1.28 points, or 0.09 percent, to 1,426.63 (name)