Stocks rally as oil drops



May 12 - U.S. investors showed they were willing to take on risk as oil prices fell for the first time in six sessions and investors bet a faster BlackBerry would spur corporate spending. The Dow rallied 130 points to 12,876. The S&P 500 rallied 15 points to 1,403. The Nasdaq rallied 42 points to 2,488. Crude oil shed $1.73 to $124.23 a barrel. Conway Gittens reports from New York. Author: ReutersVideo Keywords: Dow Nasdaq S&P Market Close reuters business_GF Added: May 12, 2008

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