Dollar strengthens after economic data, pressuring oil

By Lewis Krauskopf NEW YORK (Reuters) - The U.S. dollar surged to a more than two-week high against a basket of currencies following stronger-than-expected U.S. economic data, putting pressure on oil prices, which fell after three days of gains. After cutting losses following the economic data, Wall Street was little changed in late morning trading. U.S. retail sales in April recorded their biggest increase in a year as Americans stepped up purchases of automobiles and a range of other goods, su